Investment Summary

Rangatira Investments Exits Hellers

On September 25, 2018, private equity firm Adamantem Capital invested in food company Hellers from Rangatira Investments

Investment Highlights
  • This is Adamantem Capital’s 1st transaction in the Food sector.
  • This is Adamantem Capital’s 2nd transaction in New Zealand.

Investment Summary

Date 2018-09-25
Target Hellers
Sector Food
Investor(s) Adamantem Capital
Sellers(s) Rangatira Investments
Deal Type Secondary Buyout

Target

Hellers

Christchurch, New Zealand
Hellers is a producer of bacon, ham, and smallgoods from factories in Christchurch and Auckland and sells largely through the supermarket chains nationwide. Hellers is based in Christchurch, New Zealand.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

Adamantem Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2016
PE ASSETS 1.6B AUD
Size Large
Type Sector Agnostic
DESCRIPTION

Adamantem Capital is an investment manager focused on acquiring and investing in businesses throughout Australia and New Zealand in partnership with management teams. The Firm prefers control positions and invests in a variety of industries including IT services, healthcare, consumer products, and environmental services. Adamantem Capital was founded in 2016 and is based in Sydney, Australia.


DEAL STATS #
Overall 4 of 15
Sector: Food M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 3
Country: New Zealand M&A 2 of 3
Year: 2018 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-02 Servian Pty

Sydney, Australia

Servian Pty Ltd. is an enterprise transformation consultancy specializing in data analytics, artificial intelligence, digital services, experience design, and cloud. Servian was founded in 2008 and is based in Sydney, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-01 Zenitas

Melbourne, Australia

Zenitas is a community-based healthcare provider, specializing in home and in-clinic care solutions. Zenitas operates in four areas of community-based healthcare, home Care, primary Care, allied health Clinics, allied health. Zenitas is based in Melbourne, Australia.

Buy AU$122M

Seller(S) 1

SELLER

Rangatira Investments

Wellington, New Zealand

Investor Investor Investor


Category Private Equity Firm
Founded 1937
PE ASSETS 267M NZD
Size Small
Type Sector Agnostic
DESCRIPTION

Rangatira is an investment holding firm that looks for private equity investments in New Zealand and Australia. Rangatira typically looks to invest in small to medium-sized businesses operating in a wide range of industry sectors. Prospective companies can either be privately held or publicly listed. Rangatira was originally established in 1937 and is based in Wellington.


DEAL STATS #
Overall 6 of 6
Sector: Food M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: New Zealand M&A 5 of 5
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 Tuatara Brewing Co.

Paraparauma, New Zealand

Tuatara Brewing Co. Ltd. is a producer and distributor of handcrafted beer. Tuatara Brewing was established in 2000 and is headquartered in Paraparauma, New Zeland.

Sell -