date:Oct 20, 2016
New Zealand private equity player, Waterman Capital, has invested in My Food Bag, ahead of a planned sharemarket listing for the fast-growing food delivery company in the next three years.
Financial terms were not disclosed, but it was one of the most significant transactions involving such a young New Zealand business, stakeholders said.
Waterman Capital was founded in 2004, and its investments include David Reid Homes, Guthrie Bowron and Manuka Health.
My Food Bag said in May that it was lo