Ngāi Tahu Holdings invests in whānau led business
Ngāi Tahu Holdings is investing in GreenMount Advisory, an independent Tax and Corporate Advisory firm.
The investment represents a 25 per cent stake in the firm and provides a funding facility to further accelerate growth.
Founded by Sydney-based Ryan Davis (Ngāi Tahu – Ōraka Aparima), GreenMount has a unique, low-cost base operating model that sees it provide value accretive transaction services to private equity, family office, and corporate clients.
Ngāi Tahu Holdings Chief Executive Mike Pohio says the investment will allow GreenMount to scale-up its business providing independent tax structuring and diligence services to its clients on mergers and acquisitions transactions, as well as bespoke tax and corporate deal advisory services. As it grows it is looking to add financial due diligence and other areas of corporate advisory to its service portfolio, and to expand its operations in Australia and into Aotearoa.
“Ngāi Tahu Holdings sees this as an opportunity to invest early in a rising company that is prepared to utilise innovative technology and agile solutions to increase value and reduce cost to clients, particularly in the complex field of corporate mergers and acquisitions,” Pohio says.
“GreenMount has proven competitive in the Sydney and Melbourne markets, attracting highly experienced staff and fast growth within its first 18 months of operation.
“We are also pleased to be investing in a company founded by a whānau member who has built a successful business within a short space of time.”
Davis, GreenMount’s Executive Chairman, says the investment will be mutually beneficial for his company and Ngāi Tahu Holdings.
“This investment gives Ngāi Tahu Holdings a significant stake in a dedicated, highly experienced and trusted business that has already proven it provides its clients with responsive market-leading transaction solutions at a lower cost than existing dominant competitors in this field.
“This investment will allow GreenMount to further expand its flexible service model to provide clients throughout Oceania the same access to the best talent across the professional services industry.”