Browsing: News

News
0 Rangatira to up Magritek stake; seeks Hellers replacements

Rangatira Investments plans to increase its holding in research technology business Magritek as it deploys funds from the sale of its interest in smallgoods maker Hellers.

The Wellington-based investment company expects to buy Massey University’s stake in the company which makes benchtop nuclear magnetic resonance spectrometers for diagnostics, industrial analysis and research.

That will take its stake in the firm, founded by the late Paul Callaghan and now largely based in Germany, to about 25 percent from 18 percent, Rangatira shareholders heard today. The firm initially paid $4 million for a stake in 2013.

“It’s only a modest investment in terms of Rangatira but we think there’s some growth there,” chief executive Mark Dossor said.

Read more

News
0 Rangatira to up Magritek stake; seeks Hellers replacements

Rangatira Investments plans to increase its holding in research technology business Magritek as it deploys funds from the sale of its interest in smallgoods maker Hellers.

The Wellington-based investment company expects to buy Massey University’s stake in the company which makes benchtop nuclear magnetic resonance spectrometers for diagnostics, industrial analysis and research.

That will take its stake in the firm, founded by the late Paul Callaghan and now largely based in Germany, to about 25 percent from 18 percent, Rangatira shareholders heard today. The firm initially paid $4 million for a stake in 2013.

Read more

News
0 Private Equity and Venture Capital Monitor May 2019

New Record Highs for NZ Activity across Private Equity and Venture-backed Companies
The New Zealand Private Equity and Venture Capital Monitor, released today, highlights a strong investment in New Zealand businesses in 2018.
Total investment and divestment activity across all investment stages increased to NZ$1.7b, from NZ$990m in 2017.

Read more

 

 

News
0 Startupland’s biggest spenders: Australia’s most active venture capital firms revealed

A new set of data from venture capital firm Artesian has revealed the most active VCs in the Australian startup scene, both by the number of investments and by the amount invested.

The data was collated by Artesian’s data analytics arm Decoded, with partner Jeremy Colless telling StartupSmart the figures were sourced from Decoded’s personal data, along with public announcements and press releases.

Read more

News
0 New investment fund to bridge money gap for startups

Three of the country’s leading investment groups have joined forces with The Icehouse to create a new funding vehicle for early-stage high growth companies.

The new partners include investment banking firm FNZC, Sir Stephen Tindall’s investment company K1W1 and KiwiSaver provider Simplicity.

Between them they have committed $3 million to help establish Icehouse Ventures, which will take over the previous startup activities of the Icehouse incubator as part of a restructure.

Read more

1 2 3 4 96