News

Genesis Private Equity (‘Genesis’) today announced that it has sold its ~ 24% stake in Bachcare Ltd (‘Bachcare’) to UK-based Sykes Holiday Cottages . Bachcare is New Zealand’s largest full-service Manager of holiday homes with 2,000 homes under management across 150 domestic locations. Since Genesis’ investment in October 2017, the company has materially increased both Read more…

Genesis Private Equity ‘Genesis’ is thrilled to announce the appointment of Leandra Fitzgibbon as Partner, taking a senior role in assisting Genesis in identifying, investigating and investing in high-quality NZ-based small to medium enterprises. Prior to joining Genesis, Leandra practiced law for 13-years including 18-months in the United Kingdom. Most recently she was a Partner Read more…

Genesis Private Equity invests in ISP business building an impressive Australasian foot-print Genesis Private Equity ‘Genesis’ is pleased to announce its investment in the fast-growing internet service provider, Freedom Internet Ltd ‘Freedom’. Genesis’ Fund, Genesis Private Equity No.1 Fund LP, has taken an initial ~ 13% stake, with a further investment scheduled for later in Read more…

Genesis Private Equity (‘GPE’) is delighted to announce it has purchased a stake in Bachcare Limited, the largest full-service manager of Holiday Homes in New Zealand. Bachcare currently manages over 1,500 holiday homes throughout the country and hosts over 130,000 guests per annum in these homes. The acquisition of the 24% stake (via the special Read more…

Genesis Private Equity Limited ‘GPE’ confirms the appointment of Paul Davis to the board of Hawkes Bay based Ask Holdings Ltd ‘ASK’. ASK is an innovative management services business which provides a cloud-based “Continuous Improvement System” that managers use to receive anonymous feedback, ideas and inspirations from their staff members, on the 13 key areas Read more…

Genesis Private Equity Limited ‘GPE’ is pleased to announce the Special Purpose Vehicle (‘SPV’) it formed to own a stake in TracMap Holdings Ltd (‘TracMap’) has lifted its share in the business to over 30% for an undisclosed sum. The purchase of additional shares (taking its holding up from ~ 24%) was recently completed after Read more…

GPE is pleased to announce its investment in the innovative agri-tech company, TracMap Holdings Ltd. A special purpose entity established by Genesis Private Equity (GPE TMH Limited Partnership) will hold a 25% stake in Dunedin based TracMap alongside existing shareholders. John Rolleston and Garry Haskett will join the TracMap board as GPE appointees.   About Read more…

GPE is pleased to announce its investment in the innovative management services business, AskYourTeam NZ Ltd ‘AYT’. GPE associated entity, Genesis Private Equity No.1 Fund LP’s investment represents a 25% holding in the Havelock North parent entity Ask Holdings Ltd. GPE Executive Director Kieran O’Hagan has joined the AskYourTeam board.   About AskYourTeam AskYourTeam was Read more…

GPE is pleased to announce the successful closure of its inaugural fund, with $11.875m now available to invest into small to medium NZ based businesses. The Fund has received support from wholesale investors based throughout the country who are investing alongside GPE shareholders. GPE is the only South Island based private equity firm offering wholesale Read more…