Sets Sights on Scaling Sustainable Mobility
19 September 2025 —
Carbn, the Kiwi company reshaping how New Zealand businesses and government use mobility, has moved to full private ownership following a management buyout of New Zealand Green Investment Finance’s (NZGIF) shareholding.
Backed by Private Capital Group (PCG), the deal gives Carbn’s leadership team full control as they accelerate growth in telematics, sustainable fleet financing, car-sharing, and advisory services.
““NZGIF’s support was critical in helping Carbn move from concept to thriving business,” said CEO and joint-founder Shaun Drylie. “We’re proud to now take the next step - scaling a New Zealand-owned company that is cutting costs for organisations while reducing emissions. I would also like to thank our fantastic team, future-focused customers, and board (Samantha Sharif and John Chandler) for helping us to reach this milestone.”
NZGIF CEO, Sarah Minhinnick, commented:
““We are pleased to have played a pivotal role in Carbn's journey and wish the business all the very best with growing a future in mobility that reduces emissions and costs for businesses. This sale is a fulfilment of NZGIF’s founding purpose, which was to attract co-investment over time while supporting the growth of companies that reduce emissions across the economy.”
Driving Change for NZ Businesses and Government
Jointly founded by David Simpson, Carbn has built a unique end-to-end model that combines car-sharing technology, telematics, and financing solutions. Clients include ASB, the University of Waikato, and Christchurch City Council, with hundreds of businesses and thousands of employees using its services. The company is also on the All-of-Government panel, enabling central and local government agencies to reduce fleet costs and greenhouse gas emissions.
““We saw a gap for a trusted partner to help organisations move away from the old fleet model,” said Simpson. “This change in ownership allows us to scale faster and deliver even greater impact for New Zealand’s economy and environment.””
PCG’s Backing
Paul Carman, Managing Partner of PCG, affirmed PCG’s support for Carbn:
“We see Carbn’s management team and mobility model as a fantastic example of a Kiwi business that can disrupt old industries while delivering solutions that are good for both the planet and businesses’ bottom lines. We’re proud to support the next stage of Carbn’s journey.”
The MBO Team
The management buyout was led by Shaun Drylie, David Simpson, Roy O’Hara, and Dave Corbett - all proven leaders in scaling ambitious New Zealand businesses.
About Carbn
Carbn empowers businesses to cut passenger vehicle costs and lower CO₂ emissions through car-sharing, innovative fleet financing, telematics, and advisory solutions. Its vision is “creating a future of sustainable shared mobility.” Carbn owns Zilch Car-Sharing and Sustainable Fleet Financing.
More information: www.carbn.nz
Media Contact
Shaun Drylie — CEO
027 500 3215
shaun@carbn.nz