Coherent Solutions

Pushing the boundaries of optical communications

Shareholding: 15.8%
First Investment: November 2017

Coherent Solutions develops and manufactures advanced coherent and non-coherent light (laser) test equipment for the global fibre optic communications market. The company also has a number of new technologies in development which will expand the company’s market from labs and advanced research and development facilities to hi-tech manufacturers. Incorporated in August 2012 as a spin out from Southern Photonics to grow the latter company’s optical testing equipment business. Coherent Solutions is headquartered in Auckland.

The last major investment event was in November 2017, where Punakaiki Fund lead an investment round including other local funds. Punakaiki Fund has an agreement to purchase an additional 1.2% of the current Coherent Solutions shares on issue to bring its total shareholding to 17.0%, which will be completed, conditional upon the results of this Offer.  LWCM continues to be active in the governance of Coherent Solutions.