News

Number of news items returned: 1 to 20 records of 464

Freedom Road Travel Group - March Quarter Results

09 April 2019

(263 views)

  "Freedom Road Travel Group - March Quarter Results   Freedom Road Travel Group (FRTG) achieved its highest transaction volumes to-date during the ...

Readers, AFSL, SSO and other news - Funding Strategies Connect April 2019

09 April 2019

(70 views)

   Readers, AFSL, SSO and other news - Funding Strategies Connect April 2019 Dear Readers,   Welcome to the April 2019 edition of Funding ...

Funding Strategies granted Australian Financial Services Authorised Representative

03 April 2019

(444 views)

    Funding Strategies granted Australian Financial Services Authorised Representative   On behalf of the team at Funding Strategies, I am delighted to announce ...

Introducing Urban Xtreme

02 April 2019

(332 views)

 Introducing Urban Xtreme   Urban Xtreme is Australia’s only ski and adventure park and the only place you can ski and snowboard ...

Qponics: "Progress in upgrading the algae farm in Brisbane"

02 April 2019

(383 views)

 "Progress in upgrading the algae farm in Brisbane   The 15m x 7m shed is now erected at the site (photos below). ...

Qponics: Prospective offtakers seeking samples for analysis

21 March 2019

(774 views)

  "Prospective offtakers seeking samples for analysis   Qponics has been approached by several different companies in Australia, Asia, Europe and the United ...

"Growth and Walker Capital Features in the SMH and AGE"

21 March 2019

(244 views)

     "Growth and Walker Capital Features in the SMH and AGE Following the Royal Commission into the banking sector, investors are looking ...

BlueMount Capital Secures Expansion Funding for Elite Military Fitness

14 March 2019

(919 views)

   BlueMount Capital Secures Expansion Funding for Elite Military Fitness   "I am delighted to announce that we have secured AUD $3.5 million ...

Readers, News and Updates - Funding Strategies Connect March 2019

14 March 2019

(965 views)

   Readers, News and Updates - Funding Strategies Connect March 2019   Dear Reader, Welcome to the March 2019 edition of Funding Strategies Connect! We ...

Guarda wins big at World of Concrete Trade Show

13 March 2019

(970 views)

  "Guarda wins big at World of Concrete Trade Show   The Guarda Edge Powercutter has just won the award for "Most Innovative ...

Qponics: Progress on the upgrade of the pilot algae farm in Brisbane into a small-scale production facility

28 February 2019

(1284 views)

  "Qponics: Progress on the upgrade of the pilot algae farm in Brisbane into a small-scale production facility   The sky-blue coloured lining for ...

Podcast: Learning Comes First! (ft. Manish Goklaney, Co-Founder of Learn Primary)

25 February 2019

(1184 views)

   Podcast: Learning Comes First! (ft. Manish Goklaney, Co-Founder of Learn Primary)   Today on Eden Exchanges we spoke to Manish Goklaney, Co-Founder ...

"Silicosis death dust audit reveals 'major epidemic worse than asbestos'"

21 February 2019

(1134 views)

  "Silicosis death dust audit reveals 'major epidemic worse than asbestos'  ABC News reported on 21 February 2019: "An audit of Queensland's manufacturing ...

Director Briefing with Manish Goklaney from Learn Primary

19 February 2019

(1739 views)

In this Director Briefing, Manish Goklaney, Co-Founder of Learn Primary Pty Ltd, discusses: Learn Primary’s objective to improve learning for children ...

Podcast: The Road Most Travelled (ft. David Keir from Freedom Road Travel Group – Discusses Strategy and Expansion Plans)

19 February 2019

(1624 views)

   Podcast: The Road Most Travelled (ft. David Keir from Freedom Road Travel Group – Discusses Strategy and Expansion Plans)   Today on ...

"Freedom Road Travel plans capital raise to expand China-focused business to US – CEO"

12 February 2019

(1795 views)

   "Freedom Road Travel plans capital raise to expand China-focused business to US – CEO   Freedom Road Travel Group (FRTG), a Hong ...

"Learn Primary could seek to raise capital in 4Q19 to enter New Zealand, Canada - CEO"

08 February 2019

(1979 views)

  "Learn Primary could seek to raise capital in 4Q19 to enter New Zealand, Canada - CEO   Learn Primary, a private Australian ...

Readers, Happy new year - Funding Strategies Connect January and February 2019

05 February 2019

(2096 views)

  Reader, Happy new year - Funding Strategies Connect Jan/Feb 2019   Dear Readers, Happy New Year 2019 - The Year of the Pig! We ...

Learn Primary - January 2019 Update and Announcements

31 January 2019

(2212 views)

   "Learn Primary - January 2019 Update and Announcements   Over the last quarter Learn Primary has had significant achievements which the Company ...

"Progress on the upgrade of the pilot algae farm in Brisbane into a small-scale production facility"

30 January 2019

(2222 views)

  "Progress on the upgrade of the pilot algae farm in Brisbane into a small-scale production facility The small ultrafiltration system continues ...

"PictureWealth actively seeks Australia-wide financial services acquisitions - MD"

07 June 18

 

"PictureWealth actively seeks Australia-wide financial services acquisitions - MD

 

PictureWealth, a private Perth, Australia-based integrated technology and financial advisory company, is actively seeking acquisitions Australia-wide to grow its customer base and scale its offering, said Managing Director and founder David Pettit.
The company, which uses Queensland-based BlueMount Capital as corporate advisor, is happy to hear from other advisors that can bring targets, he said.
It is looking to acquire financial services companies or planners with solid client bases, strong management teams, industry-specific expertise, global vision and proven execution, Pettit said. These could include small financial planners looking to exit or companies and clients coming out of larger groups, he said.
PictureWealth has already identified at least four targets, which have a combined total of AUD 940m (USD 720m) in funds under management and more than 45,000 clients, Pettit said. The company will pay a total of around AUD 19m for these targets and is in the process of finalising equity and debt funding, he said, without elaborating further on the funding details. The deals are expected to complete in the coming months, he noted.
The company’s forecast revenue post the acquisitions will be AUD 7m on completion, AUD 9.8m in the second year, AUD 13.2m in the third year, AUD 17m in the fourth year, and AUD 21.4m in the fifth year, he said."

 

Please read the full Mergermarket article via the link below.

To find out more about PictureWealth please click here.

Additional Documents

PictureWealth_Mergermarket article_7jun18