Our portfolio is invested across a number of asset classes at any point in time. While our predominant asset class is private businesses, we also hold listed equities, property
Our current asset allocation is illustrated here.
Auckland Packaging (APC) designs and manufactures point-of-sale, promotional materials and cardboard packaging.
Under Rangatira, APC has secured 85% share in its key market through focused strategy and investment. The most recent example is a
Investment Date 1999
Shareholding 100%
Investment Type Buyout
Board Member Mark Dossor
Bio-Strategy is a specialist distributor of laboratory instruments and automation technology products for the clinical
Investment Date 2015
Shareholding 70%
Investment Type Owner / Management Co-Investment
Board Members Mark Dossor (Chair), David Gibson
New Zealand Pastures is a farming and fattening operation based on 23,500ha of land in the South Island. The company has invested in irrigation and shifted to value-added
Investment Date 2008
Shareholding 8%
Investment Type
Board Member Keith Gibson
Magritek, founded by Sir Paul Callaghan, makes benchtop Nuclear Magnetic Resonance (NMR) solutions, which measure the chemical properties of substances for research and industry
Rangatira's initial investment was 12%, to which it added an additional 6% stake in September 2014 and a further 7% in May 2019 bringing the total shareholding to 25%.
Investment Date 2013
Shareholding 25%
Investment Type Expansion Capital
Board Member Mark Dossor, Sam Knowles
Rangatira Investments new capital funded the state-of-the-art manufacturing plant that opened in February 2018. The large plant, located in West Auckland, enables
Investment Date 2017
Shareholding 50%
Investment Type Owner / Management Co-Investment
Board Member Richard Wilks, Mark Dossor, Chris Bradshaw
Partners Life delivers a full suite of innovative, competitively priced life and health insurance products to over 100,000 New Zealand families and businesses.
The key people behind the company have many years of experience in the life insurance industry and were previously involved in establishing Sovereign Assurance and Club Life (now OnePath Life).
Investment Date 2011
Shareholding 5%
Investment Type Expansion Capital
Polynesian Spa provides a unique geothermal spa experience on the shores of Lake Rotorua to over 300,000 visitors each year.
Rangatira was a principal investor in Polynesian Spa at its 1972 inception. Our continued support over the years has enabled them to grow into one of Rotorua’s premier attractions, and add numerous new facilities such as retreats, reflexology walks
Investment Date 1972
Shareholding 51.3%
Investment Type Owner / Management Co-Investment
Board Members Keith Gibson, Mark Dossor
Rainbow’s End entertains nearly 400,000 guests a year at its theme park in Manukau, Auckland.
Rangatira’s investment has allowed for a rejuvenation of the park, including a $2.3m investment in the new Stratosfear ride, and an expansion of its Kidz Kingdom which opened in 2013.
Investment Date 2013
Shareholding 100%
Investment Type Public to Private
Board Members Richard Wilks (Chair), Cathy Quinn ONZM
Southern Cross Horticulture – Oaklands Partnership
Rangatira has secured an interest in a kiwifruit orchard development managed by Southern Cross Horticulture. The Oaklands Partnership orchard is located in Waiuku (South west of Auckland) and will produce the Zespri SunGold variety. The first crop is expected in 2022.
Website
Investment Date 2019
Shareholding: 29%
Investment Type: Limited Partnership
Icon Ventures is a specialty Silicon Valley venture capital manager, focused on series B & C investments.
Fund V has invested in over 95% of the committed capital in 17 companies that include Area 1 Security, Cloud Physics, Delphix, Exabeam, Ionic Security and Tune Inc Fund V and has made distributions equivalent to 40% of contributed capital to date with distributions of Twitter and Teladoc shares.
Fund VI has invested over 50% of the committed capital in nine companies that include Alation, Button, Datrium, Hound Labs, Quizlet, Rylo, Streamlabs
Investment Date 2014
Investment Type: Managed Fund Venture Capital
Intermede Investment Partners is a London-based investment manager
The firm was established in 2014 by CEO Barry
Rangatira invested in Intermede in March 2019.
Investment Date 2019
Investment Type: Managed Funds Venture Capital
Movac is New Zealand's leading venture capital manager. It invests in New Zealand companies with a proven product or service and potential to scale to $100m+ revenue.
Movac Fund 3's standout investment was PowerByProxi, a successful wireless charging technology and solutions business born out of
Other companies in Fund 3 include 1Above, Auro Biosurgery, Author-it
Investment Date 2012
Investment Type: Managed Funds Venture Capital
Contract Resources is a
Rangatira acquired a 50% share in Contract Resources in 2004, with the management team (Bill Stretton, Gray Gardiner, Trevor Penny
markets in the US,
Rangatira and management sold CRL to Hellaby Holdings in 2013 due to the substantial increase in
Website
Hellers, founded by Todd Heller and Nick Harris in 1993 is now New Zealand's largest producer of bacon, ham and small goods, selling over 28,000 tonnes annually through retail and
Rangatira co-invested alongside Todd and Nick by acquiring a 50% shareholding in Hellers in 2003. With Rangatira's investment, Hellers expanded its facility in Kaiapoi, Christchurch, set up a new factory in Wiri, Auckland and made multiple acquisitions to broaden its scope. Hellers now employs 575 people nationwide and is a leading New Zealand brand.
The business performed well over our 16-year partnership. We conducted a successful exit in early 2019 when we sold our share of the business to Adamentem Capital.
"It has been a wonderful and successful
relationship with Rangatira, which has been
marked with many milestones -
from our Auckland factory built in 2005
through to a world-class production facility
established in Kaiapoi in 2011.
Rangatira was pivotal in our growth,
including acquisitions such as Hutton's Kiwi,
Santa Rosa poultry , Gramart sauces
and Walsh's meats."
- Todd Heller