Kiwi Growth Partners expands into Australia and US
Monday 4 September 2006
Kiwi Growth Partners expands into Australia and USA
New offices in Australia and North America and an alliance with the Melbourne-based IniPax capital market will increase Kiwi Growth Partners (KGP) ability to help New Zealand companies to find the finance they need to expand.
KGP founder Alvin Donovan says KGP has become an associate of the Inipax capital market (www.Inipax.com), which provides “fair, orderly and transparent capital market services for businesses working towards a formal stock market listing.”
"This will allow companies to raise up to $5M in Australia without the need for a costly prospectus," he says. "It also means we now have a database of 75,000 professional potential investors in Australia and three million potential investors internationally."
Kiwi Growth Partners has also struck up a strategic alliance with Barry Cooper, founder of Cooper Advisory in Australia. He specializes in assisting emerging growth companies and is one of the key movers behind Inipax, which focuses on bringing investors to fast growing companies whose next step is to list on the stock exchange.
"Barry brings a wealth of experience in Australia helping companies become investment ready and he knows what investors want to see. He is an expert in this space and brings a lot to the table," says Donovan.
A former senior manager in the Entrepreneurial Services division of Ernst & Young, Cooper was responsible for the design and implementation of corporate strategies for high growth businesses.
Before that he spent 15 years with Business Victoria, part of the Department of State Development, where he managed a range of economic development programmes designed to support emerging, research-based companies. He also has extensive experience as a stock exchange founder and director.
IniPax has focused especially on bright young companies with the kind of intellectual property that will reward those who choose to invest in the future, Cooper explains.
"In Australia these companies have come out of universities, research institutions - and individuals with a dream and a passion," he says.
"After several years helping Australian companies find their feet Inipax has been impressed by the quality of New Zealand's emerging business, particularly those being brought to its attention by Kiwi Growth Partners."
IniPax and KGP are currently in the process of preparing one of these bright new kiwi companies for listing.
Robot-Hosting Ltd (www.robot-hosting.com) has developed ground breaking 3D computer animated robot technology with huge potential in both commercial and academic applications. It can be used for a range of ways, from an on-line customer services representative to a classroom teacher or lecturer.
These robots have a 200,000 word vocabulary, use 100,000 grammar rules and can 'think' using a logical reasoning engine.
“Robot Hosting is well on its way to becoming a 100 million dollar company and already has a list of internationally well known blue chip clients including; The University of Auckland (two Robots), The Auckland University of Technology (two Robots), The Arizona University, The National Defense University of Budapest, Cancer society NZ, SPCA and Farmers trading company” says Donovan.
Business Week May 2006 edition calls this technology one of the “hottest” emerging money making technologies which is attracting big bucks from the likes of Dell computers founder Michael Dell and Amazon founder Jeff Bezos. (http://www.businessweek.com/magazine/content/06_18/b3982002.htm)
"Robot-Hosting epitomizes the new breed: technologies that are respected by their scientific peers and management with a sound view of commercial realities," says Cooper.
"IniPax believes that its relationship with Kiwi Growth Partners will bear fruit, both for New Zealand's emerging businesses and the investors who support them."
Robot-Hosting founder Shahin Maghsoudi is delighted by the level of help and service his company has received through working with KGP.
"Hiring KGP to help us was one of the best decisions we have ever made. KGP has really helped us to put our story together, bring us international contacts and most importantly to help us meet real investors. Once they understood our business they were able to take over the whole project, leaving me to do what I do best," he says.
"They brought in Barry Cooper to help us and he has helped to make our financials and our rather complicated story so clear to investors even a 10 year old can understand it. Alvin and Barry have been very close helpful advisors and I am sure we will remain partners for a very long time."
Robot-Hosting has recently signed a deal with American company Ai-Dealer worth many millions of dollars that will see their 3D robot technology used by on-line car dealerships. They have another deal in the making with one of the world’s largest CRM firms worth tens of millions and will be announcing further details in the very near future.
There is more information about Kiwi Growth Partners at: www.kiwigrowthpartners.com, Robot Hosting at: www.Robot-Hosting.com and IniPax at: www.Inipax.com