Movac

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Movac — overview

Type

Private Equity Firm

Location

Wellington New Zealand

Alternative Asset Class

-

Established

1998

Firm Ownership

Independent Firm

Investment Team Staff

Total Staff

13

About

Movac, is a venture capital firm that invests solely in New Zealand firms. The firm provides capital to companies in either the early or expansion stage of their development life cycles and makes larger deals alongside other investors. Movac invests in various technology sectors and had invested in businesses in the clean technology, hardware, media, and internet sectors in the past. The firm avoids property, retail, or reseller businesses. Movac prefers businesses that are able to grow rapidly in scale. Movac prefers board representation in its investee companies. The venture capital firm adopts an active role, lending its technical expertise, strategic, and operational advice and network to help the firms compete globally.

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