Software of Excellence International Limited
Software of Excellence International Limited ("SOE") is a leading global developer of software for the dental profession. More than 5,000 sites worldwide use its software, with SOE generating most of its income from its market-leading position in the UK.
SOE was listed on the New Zealand Stock Exchange in 2000 at NZ$1.00 per share. An investor group led by Co-Investor became SOE's cornerstone investor in July 2004. After an intensive restructuring and turnaround process, the company was sold at NZ$2.90 per share in a public takeover in October 2007 to NASDAQ-listed Henry Schein, Inc.
For more information, you can download the SOE Case Study using the links to the left.
travel.com.au Pty Limited
travel.com.au Limited ("TVL") operates the widely recognised travel.com.au and lastminute.com.au online travel brands in Australia and New Zealand.
TVL listed on the ASX in 1999 at the peak of dotcom fever at $1.25 per share. The company failed to meet its promise and after a series of earnings disappointments, its shares had slumped to an all time low of $0.08 by mid-2003. Co-Investor determined that it would invest in TVL, turn it around and sell it into consolidation as the online travel industry matured. From July 2003 to May 2006, an investor group led by Co-Investor undertook a series of transactions which led to it becoming TVL's major shareholder. After an intensive restructuring, recapitalisation and turnaround process, TVL was sold in January 2008 at $0.57 per share to ASX-listed online accommodation provider Wotif.com Holdings Limited in a contested public takeover.
For more information, you can download the TVL Case Study.