Recent Investment Banking Transactions
Leading involvement in New Zealand’s most significant transactions
Mergers and Acquisitions
![EastlandGeneration](/assets/Uploads/Investment-Banking/EastlandGeneration.png)
Current | NZ$500m+
Sale of 50% of generation business
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Financial Adviser
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Financial Adviser
![SparkSport 300x180](/assets/Uploads/SparkSport_300x180.png)
June 2023 | Undisclosed
Spark's exit via Content Partnering Agreement with TVNZ
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Financial Adviser
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Financial Adviser
![DBBreweries](/assets/Uploads/Investment-Banking/DBBreweries.png)
April 2023 | Undisclosed
Merger of Joylab and Kāpura to create Star Hospitality Group
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Financial Adviser
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Financial Adviser
![EastlandNetwork](/assets/Uploads/EastlandNetwork.png)
Nov 2022 | NZ$260m
Sale of network business
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Financial Adviser
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Financial Adviser
![Spark New Zealand logo.svg](/assets/Uploads/Spark_New_Zealand_logo.svg.png)
Oct 2022 | NZ$900m
Sale of 70% stake in Spark TowerCo
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Financial Adviser
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Financial Adviser
![trustpower IB](/assets/Uploads/Investment-Banking/trustpower_IB.png)
May 2022 | NZ$441m
Sale of retail business
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Financial Adviser
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Financial Adviser
![NZRefining Converted](/assets/Uploads/NZRefining-Converted.png)
Aug 2021
Strategic review leading to import terminal conversion and establishment of Channel Infrastructure
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Financial Adviser
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Financial Adviser
![MercuryEnergy](/assets/Uploads/Investment-Banking/MercuryEnergy-v2.png)
Aug 2021 | NZ$797m
Acquisition of Tilt Renewables' New Zealand assets via a NZ$3.2bn consortium acquisition of Tilt Renewables via Scheme of Arrangement
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Financial Adviser
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Financial Adviser
![Freightways](/assets/Uploads/Investment-Banking/Freightways.png)
Apr 2020 | NZ$146m
Acquisition of Big Chill
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Financial Adviser
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Financial Adviser
![Spark New Zealand logo.svg](/assets/Uploads/Investment-Banking/Spark_New_Zealand_logo.svg.png)
Dec 2019 | Undisclosed
Sale of Lightbox
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Financial Adviser
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Financial Adviser
![Methven](/assets/Uploads/Investment-Banking/Methven.png)
Apr 2019 | NZ$140m
Scheme of arrangement
with GWA
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Financial Adviser
with GWA
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Financial Adviser
![PEP](/assets/Uploads/Investment-Banking/PEP.png)
Feb 2019 | NZ$270m
Acquisition of Metrix
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Financial Adviser
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Financial Adviser
![Trustpower](/assets/Uploads/Investment-Banking/Trustpower.png)
Dec 2017 | A$168m
Divestment of Australian
hydro assets
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Financial Adviser
hydro assets
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Financial Adviser
![Arvida Group new v2](/assets/Uploads/Investment-Banking/Arvida-Group-new-v2.png)
Sep 2017 | NZ$106m
Acquisition of three
retirement villages
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Financial Adviser
retirement villages
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Financial Adviser
![maui capital](/assets/Uploads/Investment-Banking/maui-capital.png)
Sep 2016 | NZ$81m
Purchase of Hellaby's Equipment Division
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Financial Adviser
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Financial Adviser
![PFI](/assets/Uploads/Investment-Banking/PFI-v5.png)
Jun 2017 | NZ$42m
Internalisation
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Financial Adviser
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Financial Adviser
![Hellaby logo](/assets/Uploads/Investment-Banking/Hellaby_logo.png)
Jan 2017 | NZ$431m
Takeover Offer
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Defence Adviser
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Defence Adviser
Equity Capital Markets
![infratil updated tombstone](/assets/Uploads/infratil-updated-tombstone.jpg)
June 2023 I NZ$935m
Placement and Retail Offer
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Joint Lead Manager
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Joint Lead Manager
![Regal Funds Management Logo](/assets/Uploads/logo-1.png)
Sep 2022 | A$110m
AREO
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Sole New Zealand Co-Lead Manager
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Sole New Zealand Co-Lead Manager
![Vital logo](/assets/Uploads/Investment-Banking/Vital-logo-250.png)
May 2022 | NZ$200m
AREO
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Joint Lead Manager and Joint Underwriter
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Joint Lead Manager and Joint Underwriter
![AirNZ](/assets/Uploads/Investment-Banking/AirNZ.png)
Apr 2022 | NZ$1.2b
Rights Offer
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Joint Lead Manager
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Joint Lead Manager
![Winton](/assets/Uploads/Investment-Banking/WintonLogo.png)
Dec 2021 | NZ$350m
IPO
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Joint Bookrunner
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Joint Bookrunner
![VentiaLogo](/assets/Uploads/Investment-Banking/VentiaLogo.png)
Nov 2021 | A$438m
IPO
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Sole New Zealand Co-Lead Manager
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Sole New Zealand Co-Lead Manager
![VulcanLogo](/assets/Uploads/Investment-Banking/VulcanLogo.png)
Nov 2021 | A$371.6m
IPO
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Sole New Zealand Co-Lead Manager
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Sole New Zealand Co-Lead Manager
![NZRefining Converted](/assets/Uploads/NZRefining-Converted.png)
Nov 2021 | NZ$48.5m
Placement and SPP
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Sole Lead Manager and Underwriter
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Sole Lead Manager and Underwriter
![Arvida Group new](/assets/Uploads/Investment-Banking/ArvidaGroupLogo.png)
Oct 2021 | NZ$330m
Placement, Rights Issue and Acquisition
of Arena Living retirement portfolio
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Joint Lead Manager and Joint Underwriter
of Arena Living retirement portfolio
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Joint Lead Manager and Joint Underwriter
![Vital logo](/assets/Uploads/Investment-Banking/Vital-logo-250.png)
Oct 2021 | NZ$142.8m
Placement and Unit Purchase Plan
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Joint Lead Manager and Joint Underwriter
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Joint Lead Manager and Joint Underwriter
![Pacific Edge](/assets/Uploads/www_pacificedgedx.png)
Sep 2021 | NZ$103.5m
Placement and Share Purchase Plan
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Joint Lead Manager
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Joint Lead Manager
![WarehouseGroup](/assets/Uploads/WarehouseGroup.png)
May 2021 | NZ$102m
Block Trade
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Lead Manager
and Underwriter
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Lead Manager
and Underwriter
![Vital logo](/assets/Uploads/Investment-Banking/Vital-logo-250.png)
Oct 2020 | NZ$157.5m
Placement and Unit Purchase Plan
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Joint Lead Manager
and Joint Underwriter
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Joint Lead Manager
and Joint Underwriter
![EBOS newlogo v3](/assets/Uploads/Investment-Banking/EBOS_newlogo-v3.png)
Jun 2020 | NZ$323m
Block Trade
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Joint Lead Manager
and Joint Underwriter
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Joint Lead Manager
and Joint Underwriter
![AFTlogo v2](/assets/Uploads/Investment-Banking/AFTlogo-v2.png)
Jun 2020 | NZ$76m
Selldown, Placement
and SPP
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Joint Lead Manager
and Joint Underwriter
and SPP
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Joint Lead Manager
and Joint Underwriter
![SkyNewZealandLogo](/assets/Uploads/Investment-Banking/SkyNewZealandLogo.png)
May 2020 | NZ$157m
Placement and ANREO
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Joint Lead Manager
and Joint Underwriter
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Joint Lead Manager
and Joint Underwriter
![Z Energy](/assets/Uploads/Investment-Banking/Z-Energy.png)
May 2020 | NZ$348m
Placement and SPP
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Co-Lead Manager
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Co-Lead Manager
![Comvita](/assets/Uploads/Investment-Banking/Comvita.png)
May 2020 | NZ$50m
Placement and ANREO
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Joint Lead Manager
and Joint Underwriter
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Joint Lead Manager
and Joint Underwriter
![AugustaCapitalLogo](/assets/Uploads/Investment-Banking/AugustaCapitalLogo.png)
May 2020 | NZ$45m
Placement and ANREO
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Joint Lead Manager
and Joint Underwriter
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Joint Lead Manager
and Joint Underwriter
![Kathmandu](/assets/Uploads/Investment-Banking/Kathmandu.png)
Apr 2020 | NZ$207m
Placement and ANREO
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Joint Lead Manager
and Joint Underwriter
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Joint Lead Manager
and Joint Underwriter
![Arvida Group new v2](/assets/Uploads/Investment-Banking/Arvida-Group-new-v2.png)
Jun 2019 | NZ$180m
Placement, Rights Issue
and acquisition of
Sanderson Villages
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Arranger, Joint Lead Manager
and Joint Underwriter
and acquisition of
Sanderson Villages
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Arranger, Joint Lead Manager
and Joint Underwriter
![Tilt Renewables logo](/assets/Uploads/Investment-Banking/Tilt_Renewables_logo.png)
Feb 2019 | NZ$274m
Accelerated Entitlement Offer
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Lead Manager and
Underwriter
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Lead Manager and
Underwriter
Debt Capital Markets
![Channel Inf logo](/assets/Uploads/Investment-Banking/Channel-Inf-logo.png)
Nov 2023 | NZ$100m
Senior Bonds
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Arranger & Joint Lead Manager
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Arranger & Joint Lead Manager
![PrecinctProperties v2](/assets/Uploads/Investment-Banking/PrecinctProperties-v2.png)
Sep 2023 | NZ$150m
Convertible Notes
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Joint Lead Manager
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Joint Lead Manager
![Infratil v3](/assets/Uploads/Investment-Banking/Infratil-v3.png)
Sept 2023 | ~NZ$127m
Infrastructure Bonds
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Joint Lead Manager
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Joint Lead Manager
![SBS](/assets/Uploads/Investment-Banking/SBS.png)
Aug 2023 | NZ$175m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![Westpac.svg](/assets/Uploads/Westpac.svg.png)
Aug 2023 | NZ$600m
Subordinated Notes
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Joint Lead Manager
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Joint Lead Manager
![Infratil v3](/assets/Uploads/Investment-Banking/Infratil-v3.png)
July 2023 | NZ$150m
Infrastructure Bonds
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Joint Lead Manager
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Joint Lead Manager
![GENESIS Master Logo COLOUR v2](/assets/Uploads/Investment-Banking/GENESIS_Master_Logo_COLOUR-v2.png)
Jun 2023 | NZ$240m
Capital Bonds
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Joint Lead Manager
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Joint Lead Manager
![NZX CMYK](/assets/Uploads/Investment-Banking/NZX_CMYK.png)
Jun 2023 | NZ$40m
Subordinated Notes
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Arranger & Joint Lead Manager
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Arranger & Joint Lead Manager
![MercuryEnergy v2](/assets/Uploads/MercuryEnergy-v2.png)
Jun 2023 | NZ$150m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![BNZ v2](/assets/Uploads/Investment-Banking/BNZ-v2.png)
Jun 2023 | NZ$375m
Perpetual Preference Shares
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Joint Lead Manager
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Joint Lead Manager
![KiwiBank Logo v2](/assets/Uploads/Investment-Banking/KiwiBank-Logo-v2.png)
May 2023 | NZ$200m
Subordinated Notes
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Arranger & Joint Lead Manager
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Arranger & Joint Lead Manager
![Heartland logo](/assets/Uploads/Investment-Banking/Heartland-logo.png)
Apr 2023 | NZ$100m
Subordinated Notes
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Joint Lead Manager
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Joint Lead Manager
![Contact Logo red high quality 01](/assets/Uploads/Investment-Banking/Contact-Logo-red-high-quality-01.png)
Mar 2023 | NZ$300m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![KiwiProperty logo v2](/assets/Uploads/Investment-Banking/KiwiProperty-logo-v2.png)
Mar 2023 | NZ$125m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![MeridianLogo](/assets/Uploads/Investment-Banking/MeridianLogo.png)
Mar 2023 | NZ$200m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![Summerset logo v7](/assets/Uploads/Investment-Banking/Summerset_logo-v7.png)
Mar 2023 | NZ$175m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![Wellington Airport logo 01 v2](/assets/Uploads/Investment-Banking/Wellington-Airport-logo-01-v2.png)
Feb 2023 | NZ$75m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![AirNZ](/assets/Uploads/AirNZ.png)
Oct 2022 | NZ$100m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![Contact Logo red high quality 01](/assets/Uploads/Contact-Logo-red-high-quality-01.png)
Sep 2022 | NZ$250m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![NapierPort](/assets/Uploads/NapierPort.png)
Sep 2022 | NZ$100m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![Westpac.svg](/assets/Uploads/Westpac.svg.png)
Sep 2022 | NZ$600m
Subordinated Notes
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Joint Lead Manager
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Joint Lead Manager
![MawanaEnergy](/assets/Uploads/MawanaEnergy.png)
Sep 2022 | NZ$150m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![ANZ opt3](/assets/Uploads/ANZ-opt3.png)
Jul 2022 | NZ$550m
Perpetual Preference Shares
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Joint Lead Manager
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Joint Lead Manager
![Infratil](/assets/Uploads/Investment-Banking/Infratil.png)
Jun 2022 | ~NZ$116m
Infrastructure Bonds
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Joint Lead Manager
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Joint Lead Manager
![GENESIS Master Logo COLOUR](/assets/Uploads/Investment-Banking/GENESIS_Master_Logo_COLOUR.png)
Jun 2022 | NZ$285m
Capital Bonds
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Joint Lead Manager
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Joint Lead Manager
![Goodman Property](/assets/Uploads/Investment-Banking/Goodman-Property.png)
Apr 2022 | NZ$150m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![PrecinctProperties](/assets/Uploads/Investment-Banking/PrecinctProperties.png)
Apr 2022 | NZ$175m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![iag logo](/assets/Uploads/iag-logo.png)
Mar 2022 | NZ$400m
Subordinated Notes
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Joint Lead Manager
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Joint Lead Manager
![Summerset logo v5](/assets/Uploads/Investment-Banking/Summerset_logo-v5.png)
Sep 2020 | NZ$150m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![KiwiBank Logo](/assets/Uploads/Investment-Banking/KiwiBank-Logo.png)
Oct 2021 | NZ$250m
Perpetual Preference Shares
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Joint Arranger and Joint Lead Manager
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Joint Arranger and Joint Lead Manager
![SBS Bank logo](/assets/Uploads/Investment-Banking/SBS_Bank_logo.png)
Mar 2022 | NZ$150m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![Wellington Airport logo 01 v2](/assets/Uploads/Investment-Banking/Wellington-Airport-logo-01-v2.png)
Aug 2020 | NZ$100m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![MercuryEnergy](/assets/Uploads/Investment-Banking/MercuryEnergy-v2.png)
May 2022 | NZ$250m
Capital Bonds
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Arranger and
Joint Lead Manager
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Arranger and
Joint Lead Manager
![Investore logo](/assets/Uploads/Investment-Banking/Investore_logo.png)
Feb 2022 | NZ$125m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![synlait logo updated](/assets/Uploads/Investment-Banking/synlait-logo-updated.png)
Dec 2019 | NZ$180m
Subordinated Bonds
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Joint Lead Manager
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Joint Lead Manager
![Argosy v2](/assets/Uploads/Investment-Banking/Argosy-v3.png)
Oct 2020 | NZ$125m
Senior Bonds
________________
Joint Lead Manager
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Joint Lead Manager
![Wellington Airport logo 01 v2](/assets/Uploads/Investment-Banking/Wellington-Airport-logo-01-v2.png)
Sep 2021 | NZ$125m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![Investore logo](/assets/Uploads/Investment-Banking/Investore_logo.png)
Aug 2020 | NZ$125m
Senior Bonds
________________
Joint Lead Manager
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Joint Lead Manager
![MercuryEnergy](/assets/Uploads/Investment-Banking/MercuryEnergy-v2.png)
Sep 2020 | NZ$200m
Green Bonds
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Joint Lead Manager
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Joint Lead Manager
![Chorus Company logo v3](/assets/Uploads/Investment-Banking/Chorus_Company_logo-250.png)
Nov 2020 | NZ$400m
Senior Bonds
________________
Joint Lead Manager
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Joint Lead Manager
![KiwiBank Logo](/assets/Uploads/Investment-Banking/KiwiBank-Logo.png)
Dec 2020 | NZ$275m
Subordinated Notes
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Joint Lead Manager
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Joint Lead Manager
![Arvida Group new](/assets/Uploads/Arvida-Group-new.png)
Feb 2021 | NZ$125m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![Ryman logo](/assets/Uploads/Investment-Banking/Ryman-logo-250.png)
Dec 2020 | NZ$150m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![vector logo for web](/assets/Uploads/Investment-Banking/vector-logo-for-web.png)
Nov 2021 | NZ$225m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![Contact Energy logo](/assets/Uploads/Investment-Banking/Contact_Energy_logo.png)
Nov 2021 | NZ$225m
Capital Bonds
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Joint Arranger and Joint Lead Manager
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Joint Arranger and Joint Lead Manager
![MercuryEnergy v2](/assets/Uploads/MercuryEnergy-v2.png)
Mar 2021 | NZ$200m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![KiwiProperty logo](/assets/Uploads/Investment-Banking/KiwiProperty-logo.png)
Jul 2021 | NZ$150m
Senior Bonds
________________
Joint Lead Manager
________________
Joint Lead Manager
![Channel InfrastructureNZ](/assets/Uploads/Investment-Banking/Channel-Logo-300x180.png)
May 2022 | NZ$100m
Senior Bonds
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Joint Arranger and
Joint Lead Manager
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Joint Arranger and
Joint Lead Manager
![vector logo for web](/assets/Uploads/Investment-Banking/vector-logo-for-web.png)
Jun 2022 | ~NZ$307m
Capital Bonds
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Joint Lead Manager
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Joint Lead Manager
![Infratil](/assets/Uploads/Investment-Banking/Infratil-v2.png)
Mar 2021 | NZ$83m
Infrastructure Bonds
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Joint Lead Manager
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Joint Lead Manager
![PrecinctProperties](/assets/Uploads/PrecinctProperties.png)
May 2021 | NZ$150m
Senior Bonds
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Joint Lead Manager
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Joint Lead Manager
![Infratil](/assets/Uploads/Investment-Banking/Infratil-v2.png)
Jun 2021 | NZ$102m
Infrastructure Bonds
________________
Joint Lead Manager
________________
Joint Lead Manager
![ANZ opt3](/assets/Uploads/Investment-Banking/ANZ-opt3.png)
Sep 2021 | NZ$600m
Subordinated Notes
________________
Joint Lead Manager
________________
Joint Lead Manager