M&A Deal Summary

Humm Group Acquires Telecom Rentals

On March 4, 2015, Humm Group acquired diversified company Telecom Rentals from Spark New Zealand for 110M NZD

Acquisition Highlights
  • This is Humm Group’s 1st transaction in the Diversified sector.
  • This is Humm Group’s 0th largest (disclosed) transaction.
  • This is Humm Group’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2015-03-04
Target Telecom Rentals
Sector Diversified
Buyer(s) Humm Group
Sellers(s) Spark New Zealand
Deal Type Divestiture
Deal Value 110M NZD

Target

Telecom Rentals

Wellington, New Zealand
Telecom Group provide a true end to end IT and telecommunications capability which includes flexible financial solutions.

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Buyer(S) 1

Buyer

Humm Group

Sydney, Australia
Category Company
Founded 1988
Sector Financial Services
Employees619
Revenue 509M AUD (2023)
DESCRIPTION

Humm Group tailor a wide range of unique finance solutions for consumers and businesses of all sizes through our trusted network of partners. Humm Group was founded in 1988 and is based in Sydney, Australia.

DEAL STATS #
Overall 2 of 2
Sector (Diversified) 1 of 1
Type (Divestiture) 1 of 1
Country (New Zealand) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-05 Once Credit Pty Limited

St Leonards, Australia

Once Credit provides consumer finance options to Australian households through retail outlets and third party distribution channels.

Buy AU$45M

Seller(S) 1

SELLER

Spark New Zealand

Auckland, New Zealand
Category Company
Founded 1987
Sector Communications
Employees5,356
Revenue 3.9B NZD (2024)
DESCRIPTION

Spark New Zealand is a provider of telecommunications, and information and communications technology (ICT) services in New Zealand and internationally. Spark New Zealand was founded in 1987 and is based in Auckland, New Zealand.

DEAL STATS #
Overall 2 of 3
Sector (Diversified) 1 of 1
Type (Divestiture) 2 of 3
Country (New Zealand) 1 of 2
Year (2015) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-09 AAPT

Sydney, Australia

AAPT Ltd. is a provider of telecommunications infrastructure companies, offering voice, internet, data and cloud services for business and wholesale customers via its extensive national network.

Sell AU$450M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-07 Computer Concepts

Christchurch, New Zealand

Computer Concepts Ltd. is a telecommunication company that offers IT infrastructure and professional services.

Buy NZ$50M
Mergr

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