### Press Release
Auckland, New Zealand – February 2024 – Three Sixty Capital Partners is pleased to announce the successful majority divestment of MiTech Ltd, effective February 2024. This significant transaction underscores the continued growth and expansion opportunities within the coding, printing, and labelling industry in the New Zealand and Pacific markets.
About the Transaction:
MiTech Ltd, a leading provider of advanced coding, printing, and labelling solutions, has been a key player in the industry, serving the New Zealand and Pacific markets with excellence. Leveraging extensive experience and specialized skills, MiTech excels in delivering top-tier services, supported by their market-leading international partner suppliers. The majority divestment of MiTech Ltd marks a pivotal moment for the company, allowing it to capitalize on new growth opportunities and further strengthen its market position.
Role of Three Sixty Capital Partners:
Three Sixty Capital Partners acted as the exclusive financial advisor to the owners of MiTech Ltd throughout the divestment process. The firm’s dedicated team provided comprehensive advisory services, including strategic guidance, valuation, negotiation, and due diligence support, ensuring a seamless and efficient transaction.
Statements from Key Stakeholders:
Greg Young, Partner at Three Sixty Capital Partners:
“We are thrilled to have facilitated the majority divestment of MiTech Ltd, a company with a stellar reputation in the coding, printing, and labelling industry. This transaction highlights our commitment to delivering exceptional results for our clients and underscores our expertise in the mergers and acquisitions space.”
James Cato, Owner/CEO of MiTech Ltd:
“This majority divestment is a strategic milestone for MiTech Ltd, allowing us to leverage new growth opportunities and continue our legacy of innovation and excellence. We appreciate the expertise and support provided by Three Sixty Capital Partners throughout this process.”
About Three Sixty Capital Partners:
Three Sixty Capital Partners is a premier advisory firm specializing in mergers, acquisitions, and divestments. With a strong track record of successful transactions, the firm is committed to providing exceptional advisory services to its clients, helping them achieve their strategic goals and maximize value.
About MiTech Ltd:
MiTech Ltd is renowned for its innovative and efficient solutions in coding, printing, and labelling. Serving the New Zealand and Pacific regions, MiTech partners with leading international suppliers to offer unparalleled products and services. The company’s dedication to excellence and customer satisfaction has established it as a trusted leader in the industry.
For more information contact:
Greg Young
Three Sixty Capital Partners
Email: greg.young@360capital.co.nz
Phone: +64 21 775 388
