We continue to help build and grow business success through a diverse range of investments and transactions.
If you are keen to hear more about how Ascentro might be an ideal partner for you, contact us here.
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Helping Kiwis secure homes
Ascentro is proud to have invested in NZX-listed General Capital (“GEN”) with the vision of creating New Zealand’s leading non-bank financier. General Finance, the Group’s operating company, is the largest for-profit non-bank deposit taker in New Zealand, supporting borrowers with first ranking mortgage lending. Ascentro’s investment will allow GEN to augment the growth of their lending operations, recruit additional talent and consider accretive acquisitions.
Creating Kiwi wealth
Amplifi Holdings Limited (“Amplifi”) was established by Ascentro to build New Zealand’s leading independent Investment and Wealth Management Group. Amplifi made its first investment by partnering with the existing management team of Mint Asset Management Limited (“Mint”), including its founder and majority shareholder, Rebecca Thomas. With an exceptionally driven leadership team and Ascentro’s financial services sector expertise, Amplifi is well positioned to expand its product and service offering, increase funds under management and execute on its growth strategy.
Protecting the future of NZ business
Ascentro partnered with the existing management team of ICIB Limited ("ICIB"), an independent insurance broker with long-standing relationships and a unique service philosophy to support the buyout of the company from its founding shareholder. The management buyout (“MBO”) transaction enabled ICIB to retain its independence, culture, values and employee ownership and provided the platform to execute on its organic and acquisition-led growth strategy to become one of NZ’s leading independent risk management group. In December 2022, ICIB merged with BrokerWeb Risk Services (BWRS) to form ICIB BROKERWEB and become NZ’s fifth largest insurance broker. ICIB BROKERWEB is owned by ASX listed AUB Group Limited and ICIB’s employees.
Building smarter environments
Eiso Limited (“Eiso”) was established by Ascentro to hold a number of high-quality essential infrastructure service businesses. Eiso has completed its first platform acquisition by partnering with the founder of The Plant People Group, a market-leading commercial landscaping service provider to New Zealand’s residential and infrastructure sectors and Signature Plants Limited, a commercial nursery business.
Developing young minds
Ascentro was the founding shareholder of Provincial Education Group Limited (“PEGL”) that was formed from an aggregation of 40 early childcare education (“ECE”) businesses in New Zealand. PEGL is focused on creating outstanding learning experiences and developmental outcomes for children, and now comprises more than 70 ECE centres across New Zealand, making it the third largest industry player. In 2021, PEGL was acquired by Busy Bees Childcare Limited, a UK based global ECE provider.
