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Investment Banking Deals

Here you can find a list of selected equity capital market and debt capital market transactions we have advised on.
Craigs is not a registered bank.

Mergers and acquisitions

Fonterra Co-operative Group

Sale of Fonterra’s consumer and associated businesses
NZ$4.2bn
Joint Financial Adviser (expected) 2026

Vital Healthcare

Internalisation of management contract
NZ$214m
Sole Financial Advisor 2025

Alliance Group

Strategic Partnership with Dawn Meats
NZ$270m
Sole Financial Advisor 2025

TECT Holdings

Sale of stake in Contact Energy to Infratil
NZ$438m
Sole Financial Advisor 2025

Bostock Group

Sale of assets and subsidiaries
NZ$83m
Sole Financial Advisor 2024

BGH Capital

Acquisition of Pushpay via Scheme of Arrangement
NZ$1.7bn
Sole Financial Advisor 2022

Queensland Investment Corporation (QIC)

Acquisition of 50% of Vector Metering
NZ$1.3bn
Joint Financial Adviser 2022

UDC Finance

Acquisition of European Financial Services
Undisclosed
Sole Financial Adviser 2022

Igneo Infrastructure Partners

Acquisition of Waste Management NZ
NZ$1.9bn
Joint Financial Adviser 2022

Pushpay

Acquisition of Community Church Builder and Resi Media
US$238m
Sole Financial Adviser 2019-2021

Pushpay

Sale of Christopher & Banks’ ~16% stake to Sixth Street
NZ$320m
Sole Financial Adviser 2021

ANZ

Sale of UDC Finance
NZ$762m
Joint Financial Adviser 2020

Igneo Infrastructure Partners

Acquisition of Ultra Fast Fibre
NZ$854m
Sole Financial Adviser 2020

Vodafone New Zealand

Sale of Vodafone New Zealand to Infratil and Brookfield
NZ$3.4bn
Sole Financial Adviser 2019

Bounty Fresh

Acquisition of Tegel
NZ$574m
Sole Financial Adviser 2018

Nuplex Industries Limited

Acquisition by Allnex New Zealand Limited
NZ$1.2bn
Sole Financial Adviser 2016

Tainui Group Holdings

Sale of 50% of the Base to Kiwi Property Group
NZ$193m
Sole Financial Adviser 2016

Pacific Equity Partners

Acquisition of Academic Colleges Group
Undisclosed
Sole Financial Adviser 2015

Transpacific Industries Group

Divestment of TPI New Zealand
NZ$950m
Sole Financial Adviser 2014

New Zealand Treasury

Mixed Ownership Model

Sole Crown Financial Adviser 2011-2013

Equity capital markets

Vital Healthcare Property

Placement & UPP
NZ$235m
Arranger, Joint Lead Manager & Underwriter, November 2025

Air New Zealand

Share buyback
NZ$80m
Sole Broker, November 2025

Ryman Healthcare

Placement & Rights Issue
NZ$1bn
Joint Lead Manager & Underwriter, February 2025

Scales Corporation

Block Trade of China Resources stake
NZ$75m
Sole Bookrunner & Underwriter, October 2024

Channel Infrastructure

Block Trade of BP’s stake
NZ$46m
Sole Bookrunner, June 2024

Vital Healthcare Property

Rights Issue
NZ$200m
Joint Lead Manager & Underwriter, April 2022

Mercury

Underwritten DRP
NZ$109m
Sole Underwriter, March 2022

NZX

Rights Issue
NZ$44m
Joint Lead Manager & Bookrunner, February 2022

Serko

Placement & Retail Offer
NZ$83m
Joint Arranger, Bookrunner & Underwriter November 2021

Pushpay

Block Trades of Founders’ Stakes
NZ$100m, NZ$45m, NZ$98m
Sole Bookrunner & Underwriter June 2018, July 2019, December 2020

Serko

Placement & SPP
NZ$61m, NZ$68m
Joint Arranger, Bookrunner & Underwriter October 2019, October 2020

Comvita

Rights Issue & Placement
NZ$50m
Joint Lead Manager, Bookrunner & Underwriter May 2020

Vista

Rights Issue & Placement
NZ$65m
Joint Lead Manager & Underwriter April 2020

Kathmandu

Rights Issue, and Rights Issue & Placement
NZ$145m, NZ$207m
Joint Underwriter, and Joint Bookrunner & Underwriter October 2019, April 2020

Oceania Healthcare

Block Trades of MIRA’s Stake
NZ$105m, NZ$301m
Joint Lead Manager & Underwriter September 2018, January 2020

Napier Port

IPO
NZ$234m
Joint Lead Manager August 2019

Oceania Healthcare

IPO
NZ$200m
Joint Lead Manager May 2017

Tegel Holding Group

IPO
NZ$299m
Joint Lead Manager May 2016

Meridian

IPO
NZ$1.9bn
Joint Lead Manager, October 2013

Z-Energy

IPO
NZ$840m
Joint Lead Manager, August 2013

Debt capital markets

Kiwibank

Tier 2 Notes
NZ$400m
Joint Lead Manager, December 2025

Investore

Convertible Note
NZ$63m
Joint Lead Manager, September 2025

Meridian

Senior Bond
NZ$350m
Joint Lead Manager, September 2025

Infratil

Infrastructure Bond
NZ$123m
Joint Lead Manager, May 2025

Summerset

Senior Bond
NZ$150m
Joint Lead Manager, May 2025

PFI

Senior Bond
NZ$150m
Joint Lead Manager, March 2025

Kiwi Property

Senior Bond
NZ$125m
Joint Lead Manager, December 2024

Contact Energy

Capital Bonds
NZ$250m
Joint Lead Manager, October 2024

Kiwibank

Perpetual Preference Shares
NZ$275m
Joint Lead Manager, October 2024

Westpac New Zealand

Perpetual Preference Shares
NZ$375m
Joint Lead Manager, September 2024

BNZ

Perpetual Preference Shares
NZ$450m
Joint Lead Manager, August 2024

Channel Infrastructure

Senior Bonds
$100m
Joint Lead Manager, November 2023

Precinct

Convertible Notes
$150m
Joint Lead Manager, September 2023

Westpac New Zealand

Subordinated Notes
$600m
Joint Lead Manager, August 2023

Genesis Energy

Capital Bonds
$240m
Joint Lead Manager, July 2023

Mercury

Senior Bonds
$150m
Joint Lead Manager, June 2023

BNZ

Perpetual Preference Shares
$375m
Joint Lead Manager, June 2023

Kiwibank

Subordinated Notes
NZ$200m
Joint Lead Manager, May 2023

Meridian

Senior Bonds
NZ$200m
Joint Arranger and Joint Lead Manager, March 2023

Napier Port

Senior Bonds
NZ$100m
Arranger and Joint Lead Manager, September 2022

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