Investments
A summary of our investments is provided below.
Pencarrow is currently investing from the Pencarrow VI Investment Fund LP. Please visit the About page for a full history of our firm.
Pet Direct
Pet Direct is an online retailer of third-party branded pet specialty products, including food, health, toys and accessories. Founded in 2020, Pet Direct has grown to be the leading online platform in the pet specialty market in New Zealand.
WebsiteInvestment date
2024
Investment status
Current
Headquarters
Auckland
Sector
Pet Products
Shoof International
Shoof International is New Zealand’s leading importer, manufacturer, and distributor of farming and animal equipment across farm animal and maintenance, home and hobby, companion animal and vet professional product groups. Founded in Cambridge, Shoof has established operations in New Zealand, Australia and Chile.
WebsiteInvestment date
2023
Investment status
Current
Headquarters
Cambridge
Sector
Animal Products
Pacific Clinical Research Network
Pacific Clinical Research Network (PCRN) comprises two leading clinical trials businesses (Lakeland Clinical Trials Group and Southern Clinical Trials Group) that perform the administration of new pharmaceuticals and medical devices under controlled conditions as part of a clinical trial, with a focus on phase 1b to 4 clinical trials. PCRN operates two sites directly, in Rotorua and Christchurch, and has a separate franchise network of ten additional sites across New Zealand.
WebsiteInvestment date
2021
Investment status
Current
Headquarters
Christchurch and Rotorua
Sector
Healthcare
The Interiors Group
The Interiors Group is New Zealand’s largest specialist provider of flooring and window furnishings operating through both company owned and franchised stores. The Interiors Group operates through the Carpet Court, CurtainStudio and The Floor Store brands, and offers a wide range of exclusive and own branded products.
WebsiteInvestment date
2021
Investment status
Current
Headquarters
Auckland
Sector
Home Furnishings
Skin Institute
Skin Institute is New Zealand's leading provider of dermatological, skin cancer, cosmetic surgery, vein and appearance medicine services and treatments. Established in 1994, the Skin Institute now has 12 multi-disciplinary specialist medical clinics throughout New Zealand.
WebsiteInvestment date
2020
Investment status
Current
Headquarters
Auckland
Sector
Healthcare
New Zealand Frost Fans
New Zealand Frost Fans designs and manufactures frost protection solutions for a wide range of crops, including grapes, nuts, apples, citrus and avocados. New Zealand Frost Fans is the leading supplier of frost fans in Australia and New Zealand as well as selling to overseas markets including Turkey and Chile.
WebsiteInvestment date
2019
Investment status
Current
Headquarters
Hawke's Bay
Sector
Manufacturing
RedShield
RedShield is a provider of advanced shielding and protection for web applications and application programming interfaces. The software product is easily deployed over the top of an entity's existing code base to rapidly protect against cyber threats. RedShield sells to a range of customers located in New Zealand, Australia, the United States and the United Kingdom.
WebsiteInvestment date
2019
Investment status
Current
Headquarters
Wellington
Sector
Software and Services
Avanti Finance
Avanti is a leading New Zealand non-bank lending institution that provides a range of consumer loan products. Since its establishment in 1989 the company has provided secured personal and motor vehicle loans and, more recently, has diversified into providing first residential mortgages and small-to-medium enterprise loans.
WebsiteInvestment date
2019
Investment status
Current
Headquarters
Auckland
Sector
Financial Services
The Collective
The Collective is a leading manufacturer and distributor of gourmet yoghurt and related products through the grocery channel. The Collective is positioned as a premium brand centred on high-quality fresh and natural ingredients and has significant operations in New Zealand and the United Kingdom.
WebsiteInvestment date
2018
Investment status
Current
Headquarters
Auckland
Sector
Premium Dairy Products
Netlogix
Netlogix is a technology-enabled freight logistics company that connects independently contracted freight carriers with customer freight demand. Netlogix has a highly specialised offering that optimises a freight customer’s transport and logistics costs by finding the most efficient route and rate card across a network of carriers.
WebsiteInvestment date
2017
Investment status
Current
Headquarters
Auckland
Sector
Freight Logistics
Essano
Essano is a leading producer of personal products including natural skincare and haircare. Essano has a certified organic laboratory in New Zealand and supplies its products through pharmacy and grocery channels in Australia, New Zealand and the United States.
WebsiteInvestment date
2017
Investment status
Current
Headquarters
Auckland
Sector
Personal Care
MMC
MMC is New Zealand’s leading provider of full outsourced investment administration services. MMC provides investment administration services for more than 30 investment managers and product providers, and more than 70 groups of investment professionals with funds under administration in excess of NZ$85 billion.
WebsiteInvestment date
2016
Investment status
Prior
Headquarters
Auckland
Sector
Financial Services
Icebreaker
Icebreaker is a premium outdoor activewear company that prides itself on using natural fibres and adhering to environmental and social ethics. Icebreaker is a multi-channel distribution business that includes a global wholesale platform, e-commerce platform and company owned-retail stores across the United States, Europe, Canada, New Zealand and Australia.
WebsiteInvestment date
2015
Investment status
Prior
Headquarters
Auckland
Sector
Apparel
BeGroup
BeGroup provides affordable and modern retirement villages with a full range of care options, strong ties to the local community and an emphasis on helping residents enjoy life to the fullest extent possible.
WebsiteInvestment date
2014
Investment status
Prior
Headquarters
Auckland
Sector
Aged Care
Seequent
Seequent is a world leader in the visualisation and interpretation of geological data for applications in the mining, minerals, energy, civil and environmental industries. Seequent provides software and consultancy solutions and has received wide acclaim for its flagship product, Leapfrog.
WebsiteInvestment date
2014
Investment status
Prior
Headquarters
Christchurch
Sector
Software
Umbrellar
Umbrellar is New Zealand’s largest domain name registrar and cloud hosting company. The Group operates a network of data centres providing distributed high availability and fault tolerant cloud services. Umbrellar has more than 75,000 customers.
WebsiteInvestment date
2014
Investment status
Prior
Headquarters
Auckland
Sector
Domain and Cloud Services
SolarZero
Founded in 1974, solarZero is New Zealand’s leading solar power company. solarZero has provided more solar systems to New Zealanders than any other operator and was the first solar company in the world to achieve CarboNZero accreditation. solarZero's service provides home owners with the benefits of battery storage and solar technology, but without the capital costs, a first for New Zealand.
WebsiteInvestment date
2014
Investment status
Prior
Headquarters
Auckland
Sector
Energy Services
BrewGroup
BrewGroup, formerly the Bell Tea & Coffee Company, was founded in Dunedin in 1898. Today it is a market leader in the New Zealand hot beverage industry, with a portfolio consisting of coffee and tea products and coffee equipment brands. Pencarrow supported management to acquire the company from previous owner Foodstuffs in 2013.
Investment date
2013
Investment status
Prior
Headquarters
Auckland
Sector
Hot beverages
BJ Ball
BJ Ball has over 90 years' experience providing fine paper to a wide range of customers across Oceania and Asia. It is the market leader in Australasia having grown its distribution network organically and via a series of targeted acquisitions.
WebsiteInvestment date
2008
Investment status
Prior
Headquarters
Auckland
Sector
Paper Merchant
phil&teds
phil&teds is a world-leading inventor, designer and marketer of juvenile products. With a reputation for innovation and quality phil&teds products are now marketed in over 40 countries and 1,000 stores worldwide.
WebsiteInvestment date
2006
Investment status
Prior
Headquarters
Wellington
Sector
Juvenile Products
Home Ideas
Home Ideas operates exhibitor centres in New Zealand offering space for companies to display a range of home products and services to home owners, builders and renovators.
WebsiteInvestment date
2006
Investment status
Prior
Headquarters
Auckland
Sector
Exhibition Centres
NZ Crane Hire
NZ Crane Hire owns and operates mobile cranes, tower cranes and access equipment.
WebsiteInvestment date
2005
Investment status
Prior
Headquarters
Auckland
Sector
Industrial Services
Rishworth Aviation
Rishworth is a world-leading aviation crew leasing and recruitment business providing services to around 90,000 aviation professionals from 150 countries.
WebsiteInvestment date
2005
Investment status
Prior
Headquarters
Auckland
Sector
Recruitment
CS Company
CS Company is New Zealand’s leading multi-brand distributor of cosmetics, fragrances, skincare and haircare brands.
WebsiteInvestment date
2005
Investment status
Prior
Headquarters
Auckland
Sector
Personal Care