Why Snowball Effect has partnered with the NZX

Written by Snowball Effect · Published on Tue, 23 March 2021

Blog home

We were thrilled to recently be announced as an accredited NZX Sponsor Participant. This enables our team to work with companies who want to raise capital and go through the NZX listing process.

Why have we partnered with NZX?

Our co-founder and CEO, Simeon Burnett, says it’s a step in the right direction for Snowball Effect. “It will enable us to work with companies that are more mature and provides another capital raising solution and liquidity solution for companies we work with over time.”

Becoming an NZX Sponsor Participant requires accreditation from the NZX, something that no other private equity platforms currently have.

How does this benefit the private equity market?

Being an NZX sponsor enables us to offer our investors the opportunity to invest in companies that are going public. It also permits us to work with companies who are considering going on a journey of potentially listing in the medium term.

Burnett believes Snowball Effect is well-positioned for this next step. “We’re well set up to support companies through a clear pathway to a listing, be it by working with them to raise the right kind of capital for their business, creating a wider shareholder base within the business, or use of several of other products such as Orchestra to make sure they’re well set up for listing from a compliance perspective.”

Looking ahead

We’re currently working with six or seven companies that are considering going public via the NZX over the next few years and look forward to working with more in the months and years ahead.

If you’re interested in finding out more about how Snowball Effect can help your business take the next step, then get in touch with our team. Email us at [email protected] or call 0800 SNOWBALL.