PermaTech is a private holding company. We acquire profitable, owner-led businesses in industrial and commercial sectors across NZ and Australia. When we buy, we hold. No exit plan. No flip. No private equity clock.
Talk to us about your business →We don't buy businesses to sell them. Your company stays with PermaTech indefinitely — the same as it will be for the next generation. This isn't a marketing line. We've never sold a business we've acquired.
We're not integrating you into a corporate structure. Your management team stays. Your brand stays. Your customers keep dealing with the same people they always have. We add stability, not interference.
We don't pit buyers against each other to drive up price signals we then discount in due diligence. We pay a fair multiple for a great business and move at a pace that works for you. Simple, confidential, respectful.
The idea of a private holding company that acquires and holds great businesses forever isn't new — it just hasn't been common in New Zealand and Australia.
In Sweden and the UK, groups like Lifco, Addtech, Lagercrantz, Judges Scientific, and Indutrade have been building portfolios of niche industrial and commercial businesses for decades using exactly this model. No exits. Relentless compounding. Decades of consistent returns — and hundreds of businesses that are still running under the same management, the same name, the same culture as the day they were acquired.
We studied over 500 companies built on this model. We know what makes it work. And we believe New Zealand and Australian owner-operators deserve the same option that their Scandinavian counterparts have had for thirty years.
Founded in 1984. Forty years of building a reputation as New Zealand's specialists in industrial and commercial boiler and burner systems. When we acquired Tubman, nothing changed. The same management team. The same 45 staff. The same commitment to their customers. That's the PermaTech model in action.
If you've spent decades building a profitable, well-run business and you're thinking about what comes next — we'd like to have a quiet conversation. No obligation. No pressure. No auction process. Just an honest discussion about whether PermaTech might be the right next owner for what you've built.