| Decision | Consent granted Section 13(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 4 June 2025 |
| Pathway | Significant business assets |
| Investment | Acquisition of 100% of the shares in Clanwilliam Headquarters Limited |
| Consideration | Exceeds $100,000,000 |
| Applicant | Tribe BidCo Limited North America 55% Various 38% Asia 7% |
| Vendor | Hugh Steven Wilson as trustee of The Clanwilliam Group Trust United States of America 100% |
| Background | The Applicant is ultimately owned by TA Associates, a global private equity firm. TA Associates already business operations in New Zealand. Clanwilliam Headquarters Limited provides digital software to the healthcare industry. By acquiring Clanwilliam Headquarters Limited, the Applicant will acquire the New Zealand subsidiaries, Toniq Limited, Konnect Net Limited, HealthLink Group Limited, and Clanwilliam NZ Limited. This application was subject to a national interest assessment because the Applicant is a non-New Zealand Government investor. The Minister of Finance has decided that the Investment is not contrary to New Zealand’s national interest. Consent was granted as the Applicant has met the investor test criterion. |
| More information | Annie Steel Anthony Ellis Harmos Horton Lusk Limited PO Box 28 Auckland 1140 |