Decision | Consent granted Section 13(1)(a) Overseas Investment Act 2005 |
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Decision maker | Toitū Te Whenua Land Information New Zealand |
Decision date | 22 October 2024 |
Pathway(s) | Significant business assets only |
Investment | Up to 100% of the ordinary shares in Tradify Limited |
Consideration | Withheld under section 9(2)(a) and 9(2)(b)(ii) of the Official Information Act 1982 |
Applicant | Access Workspace NZ Limited United States of America 39% United Kingdom 29% Various 32% |
Vendor | Shareholders of Tradify Limited New Zealand 90% Various 10% |
Background | Access Workspace NZ Limited is a subsidiary of Access UK Limited, which produces software for accounting, payroll, HR management and general business services. Tradify Limited produces business management software for residential construction and trade contractors which includes the provision of services such as organising quotes, timesheets, invoicing, job tracking and customer enquiries. Consent was granted as the Applicant has met the investor test criterion. |
More information | Annie Steel Harmos Horton Lusk Limited Level 33, Vero Centre 48 Shortland Street Auckland 1010 |