M&A Deal Summary

Tricor Acquires NZGT Holding

On July 12, 2021, Tricor acquired business services company NZGT Holding from Complectus

Acquisition Highlights
  • This is Tricor’s 6th transaction in the Business Services sector.
  • This is Tricor’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2021-07-12
Target NZGT Holding
Sector Business Services
Buyer(s) Tricor
Sellers(s) Complectus
Deal Type Divestiture

Target

NZGT Holding

Auckland, New Zealand
NZGT Holding is a corporate trustee operating with its wholly-owned subsidiaries The New Zealand Guardian Trust Company Limited (Guardian Trust) and Covenant Trustee Services Limited (Covenant). It is a provider of corporate supervisory services with over NZ$250 billion in funds under supervision. NZGT Holding is based in Auckland, New Zealand.

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Buyer(S) 1

Buyer

Tricor

Hong Kong, China

Category Company
Founded 2000
Sector Business Services
DESCRIPTION

Tricor is a corporate services provider across 20 markets globally, with a strong presence in 13 markets in the APAC region. It offers a range of services across accounting and payroll for MNCs and SMEs, corporate governance and secretarial services for both listed and unlisted companies, and investor and share registry services. Tricor was founded in 2000 and is based in Hong Kong, China.


DEAL STATS #
Overall 6 of 6
Sector: Business Services M&A 6 of 6
Type: Divestiture M&A Deals 2 of 2
Country: New Zealand M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-13 Axcelasia - Malaysia Operations

Malaysia

Axcelasia, Inc. - Malaysia Operations is a provider of integrated business, corporate and investor services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-03 Madison Pacific

London, United Kingdom

Madison Pacific is an independent provider of an extensive range of trustee, agency, escrow, custodial, directorship and company secretarial services in a wide variety of transactions including private and public debt and new capital raisings, restructurings, distressed transactions, complex workouts and enforcements, asset management in other special situations, and opportunistic investment. Madison Pacific is based in London, England

Sell -

Seller(S) 1

SELLER

Complectus

Auckland, New Zealand

Category Company
Founded 2014
Sector Business Services
DESCRIPTION

Complectus is a dominant and most innovative fiduciary services group in the New Zealand market. Complectus was formed in 2014 and is based in Auckland, New Zealand.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: New Zealand M&A 1 of 1
Year: 2021 M&A 1 of 1