Buyout (LBO, MBO, MBI) • Consumer Products

Pencarrow Private Equity Acquires Shoof International

On March 2, 2023, private equity firm Pencarrow Private Equity acquired consumer products company Shoof International

Acquisition Context
  • This is Pencarrow Private Equity’s 3rd transaction in the Consumer Products sector.
  • This is Pencarrow Private Equity’s 22nd transaction in New Zealand.

Explore All 1131 Buyout (LBO, MBO, MBI) Consumer Products Deals - Search the Database Free


M&A Deal Summary

Date March 2, 2023
Target Shoof International
Sector Consumer Products
Buyer(s) Pencarrow Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Shoof International

Cambridge, New Zealand
Shoof International is an importer, manufacturer, and distributor of farming and animal equipment across farm animal and maintenance, home and hobby, companion animal and vet professional product groups. Shoof International was founded in 1973 and is based in Cambridge, New Zealand.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer
DESCRIPTION

Pencarrow Private Equity is a private equity firm focused on investing in New Zealand owned and operated businesses. Pencarrow looks to support management buyouts, management buy-ins, and provide expansion capital for companies operating in a variety of sectors. Areas of interest include building materials, distribution, manufacturing, consumer products, business services, and capital equipment. Target companies are typically valued between NZ$20 and $150 million where the Firm can commit $10 to $30 million in equity capital. Pencarrow Private Equity was formed in 1993 and is based in Wellington, New Zealand.


Deal Context for Buyer #
Overall 23 of 24
Sector: Consumer Products 3 of 3
Type: Buyout (LBO, MBO, MBI) 11 of 11
Country: New Zealand 22 of 23
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 Umbrellar

Auckland, New Zealand

Umbrellar is a provider of cloud hosting, domain name services, and e-commerce payment services across New Zealand and Australia. The Group operates a network of data centres providing distributed high availability and fault tolerant cloud services. Umbrellar was established in 1997 and is based in Auckland, New Zealand.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-28 Petdirect

Auckland, New Zealand

Petdirect is an online retailer of third-party branded pet specialty products, including food, health, toys and accessories. Petdirect was founded in 2020 and is based in Auckland, New Zealand.

Buy -