August 15, 2019

Search Funds in Australasia with Alexander Simmons

15th August 2019 My guest for this show is Alexander Simmons. Alex is the founder of Voyager Equity a search fund. Search funds are completely new to New Zealand with no fund yet launched but with some interest from Kiwi searchers overseas. In Australia they have gained traction in the last couple of years with … Read More

by Bruce McGechan
August 9, 2019

M&A and Business Sale Legal Process with David Quigg

9th August 2019 My guest for this show is David Quigg. David is the head of Mergers & Acquisitions at Quigg Partners a boutique Wellington law firm specialising in M&A and a few other specialist areas. In this show we’ll discuss M&A from a lawyer’s perspective including: publically listed company M&A process and the differences … Read More

by Bruce McGechan
August 4, 2019

NZ Public Capital Markets with Sir Eion Edgar

4th August 2019 My guest for this show is Sir Eion Edgar KNZM. Sir Eion recently retired as Chairman of Forsyth Barr, a firm he was with for almost 50 years with the last 20 as Chairman. There are few people who know more about the New Zealand public capital markets. In this show we … Read More

by Bruce McGechan
August 1, 2019

Curious Kiwi Capitalist Podcast Introduction

Episode 0. Introduction to the Curious Kiwi Capitalist Podcast 1st August 2019 The Curious Kiwi Capitalist podcast is about the New Zealand capital markets and the people in them including: asset allocation and portfolios private business capital structure business valuation M&A process behavioural finance capital allocators private equity venture capital alternative investments investment strategies and … Read More

by Bruce McGechan
July 8, 2019

Personal Financial Planning for the Business Owner

When you are preparing to sell a business through an exit planning process you consider “three legs of a three-legged stool” (Chris Snider). The first leg is the business itself (partly outlined in my article Business Sale Ready), the next leg is your personal life-after-sale readiness (a future article), and the last leg is your … Read More

by Bruce McGechan
July 1, 2019

Business Sale Ready? Closing the Valuation Gap with Industry Peers

In my article How to Maximise your Business Value through Exit Planning I discussed closing the gap between your current business value and other higher-valued businesses in the industry. Where can you make your business more valuable compared with other NZ and Australian businesses, what are the improvements to close the valuation gap? As you … Read More

by Bruce McGechan
June 26, 2019

How to Maximise your Business Value through Exit Planning

Exit Planning is the process of: 1) maximising the value of your business 2) ensuring you’re financially (and personally) prepared post business sale 3) ensuring you’re prepared for retirement*1 Put simply, the aim is to ensure you and your family have “personal financial freedom and peace of mind”*2. In this article, I’ll look at maximising the … Read More

by Bruce McGechan
September 28, 2018

Search Funds in New Zealand: what are they and a way forward

This article first appeared in searchfunds.co.nz — Mandanex Capital’s introduction to search funds in New Zealand. This article describes search funds and their application in New Zealand. It suggests a way forward for New Zealand searchers, the investment community and business owners looking to exit. A search fund receives capital from investors for the entrepreneur … Read More

by Bruce McGechan
June 14, 2018

How to Sell a Business

A comprehensive explanation of the process of how to sell your business from a New Zealand perspective You’ve spent years building your business, you enjoy working with your customers and employees, but you’re getting older and its time to nurture your health and sell your business. Here’s how to do it. Contents Business Value and … Read More

by Bruce McGechan
October 10, 2017

Example of Valuation in New Zealand

In this article I’m going to look at how to value licensed restaurants or cafes for the purposes of selling a business (using “fair market value” in an asset, not share, sale). The same approach can be used to value most hospitality businesses including non-licensed cafes and restaurants, and bars. Sample Cafe Profit and Loss … Read More

by Bruce McGechan