Direct Capital Invests in Bayleys

Direct Capital today announced that it had completed an investment in Bayley Corporation Limited. Bayleys is New Zealand’s largest full-service real estate agency with a presence throughout New Zealand and the South Pacific. Together with its global partner Knight Frank, Bayleys has acquired 73% of ASX-listed real estate company McGrath (ASX: MEA).

Direct Capital Invests in Hiway Group

Direct Capital, through its Direct Capital VI and Pohutukawa Private Equity VI funds, today announced that it had completed an investment in Hiway Group.  Hiway is the leader across Australasia in the design and delivery of advanced recycling, reuse and road stabilisation solutions for pavements in the capital and maintenance sectors for transportation infrastructure (road, rail, ports, airports, defence, mining and renewables).