01.
Full or partial cash exit for business owner(s)
The next chapter for your business
We will acquire & operate a profitable NZ Business, tailoring the exit to your needs.
What we offer
02.
Protect and preserve your legacy
Our first priority is to look after your employees and customers
03.
Dedicated full-time manager
Exact role will depend on existing management
04.
Flexible deal terms and an efficient process
Minimise distraction from the core business
05.
Capital availability and skin in the game
We are investing our own, readily available equity
Who we are
We are a pair of experienced, mid-career investors and operators. We are partnering to acquire and operate a champion private NZ business. You have built a great business over the last decade(s); we want to apply our capital and labour to protect and grow this legacy by becoming owner-operators for the next couple of decades. We have been involved in 30+ exits, and believe this type of succession model (full-time owner-operator investing their own capital) is best-suited for a successful transition.
Tom Redford
Tom has spent 13 years supporting the transition of founder-led businesses into their next phase of ownership. This has been from a range of different angles; 3 years in NZ private equity, working for NZ businesses across investment, fund-raising, diligence, operation and governance; two years in leveraged finance at an NZ bank – structuring debt packages for business acquisitions; five years in investment banking in London – supporting owners and management through the acquisition process; and 2.5 years at in Corporate Finance advisory, working across due diligence, valuations, financial modelling and strategy. This work has spanned a range of transaction sizes ($5m-$5bn) and industries, including technology, infrastructure, healthcare, consumer, industrial and education. He holds a BCom / BA / PgDipCom (Finance) from University of Otago, and has all levels of the CFA exam.
James Pivac
James began his career as an accountant working with NZ private businesses before spending three years in London in finance roles across private equity and listed companies. In 2017, he transitioned into business ownership, acquiring a significant shareholding in a business within the commercial construction sector and leading it through a period of strong growth while modernising systems and building a high performing team. Alongside this, he has developed a portfolio of income producing commercial property investments that provide capital stability and funding flexibility. He holds a BCom (Accounting) from the University of Otago and is a qualified Chartered Accountant.
What we look for
01.
Enduringly profitable, cash generative business
02.
$1-3m earnings before income and tax (EBIT)
03.
Owner(s) seeking an exit after a long period of ownership
04.
Defensible market positioning and low customer concentration
05.
Robust and straightforward business model
Get in touch
Direct
Whether you are the entrepreneur / owner, represent a great company or owner, or have one in mind, we’d like to hear from you. We understand the sensitive nature of sharing info about your business. As such, discussions will be kept strictly confidential.