A leading firm recently helped sell a tech company to a foreign privately owned group
The country’s established companies are still looking good to foreign buyers, according to a top lawyer.
The assets were sold to Marshire Invesments (NZ), the New Zealand holding company of a foreign privately owned group. Financial details of the deal are confidential.
“Computer Dynamics has built a strong market reputation in New Zealand – a reputation that was attractive to Marshire and inspired the significant investment,” said Quinn, who leads the firm’s M&A group. “The acquisition again highlights the attractiveness of established local companies to international investors seeking to expand within Australasia.”
Quinn was supported by senior associate Jo Carrick-Anderson. Partners Chris Young and Steve Gallaugher also provided legal advice.
MinterEllisonRuddWatts recently completed other cross-border acquisitions. Last month, the leading firm acted in Volution Group’s acquisition of its longstanding partner in the country for $72m. It also acted for a Norway-based company in its $66.9m buy of a Kiwi technology business.