News

Number of news items returned: 61 to 80 records of 407

Project 'Glucose Biosensor'

30 August 2017

(6550 views)

  Project 'Glucose Biosensor'     Click here to watch the Project 'Glucose Biosensor' video. This is a first to market, first in class ...

CaroMel Ltd

30 August 2017

(6367 views)

   CaroMel Ltd – A digital disruption enabling fishermen and farmers to connect directly with high-end restaurants in China CaroMel Ltd aims to ...

Take a look at the new Nifty Forms site!

30 August 2017

(4659 views)

Take a look at the new Nifty Forms site!   "See how the new Nifty Forms site will make claiming R&D easier If ...

"The Tooth Booth Business Model Delivers A Much Better GP Margin Percentage"

30 August 2017

(5126 views)

  "The Tooth Booth Business Model Delivers A Much Better GP Margin Percentage   The Tooth Booth Board is pleased to announce that ...

CXi Announces Second Client for Unit Registry

29 August 2017

(5136 views)

   CXi Announces Second Client for Unit Registry   "CXi Software (“CXi”) has announced that it has successfully migrated its second client, in ...

Invest in the first Chinese pharmaceutical company to list on the ASX: Haixi

22 August 2017

(6147 views)

  Invest in the first Chinese pharmaceutical company to list on the ASX: Haixi Pharmaceutical International Holdings Limited ASX: HXP   Dear Readers, I invite ...

Lobster, Diabetes, Dental and Unit Registries - Funding Strategies Connect July 2017

27 July 2017

(5464 views)

  Lobster, Diabetes, Dental and Unit Registries - Funding Strategies Connect July 2017   Dear Readers, Its been an exciting and interesting month since ...

Podcast: Filling the Gap in the Market (ft. Darren Berry from The Tooth Booth)

26 July 2017

(5542 views)

  Podcast: Filling the Gap in the Market (ft. Darren Berry from The Tooth Booth)   "Summary In this episode of Eden Exchanges we ...

CXi - "The Xero of unit registries" - signs first client

26 July 2017

(5595 views)

  CXi - "The Xero of unit registries" - signs first client      "New Australian fintech CXi Software Pty Ltd (CXi) announces that ...

Tooth Booth: Exceeds Forecast | In Negotiations with Coomera

25 July 2017

(5384 views)

  Tooth Booth: Exceeds Forecast | In Negotiations with Coomera   "The Tooth Booth Board are pleased to announce that the forecasted figures ...

Opmantek Announces San Francisco Corporate Headquarters

20 July 2017

(5704 views)

    Opmantek Announces San Francisco Corporate Headquarters   "Opmantek are set to increase their foothold on the US market with the establishment of ...

Director Briefing with Darren Berry - The Tooth Booth Limited

28 June 2017

(7520 views)

  Please read the full briefing via the link below. For more information about The Tooth Booth Limited, please click here.  

EOFY Opportunities & Updates - Funding Strategies Connect June 2017

20 June 2017

(7453 views)

  EOFY Opportunities & Updates - Funding Strategies Connect June 2017   Dear Readers, The end of the financial year is fast approaching and ...

Tooth Booth Appoints Board Members

19 June 2017

(7928 views)

  "Tooth Booth Appoints Board Members"   "Tooth Booth’s Managing Director, Darren Berry, is pleased to announce that the Company has appointed Debra Burden ...

"The Tooth Booth to undertake capital raises ahead of longer-term IPO - owner"

16 June 2017

(7576 views)

"The Tooth Booth to undertake capital raises ahead of longer-term IPO - owner"   "The Tooth Booth, an unlisted public Australian dental ...

CXi delivers Seed Clients into Beta and increases Development Team

16 June 2017

(7285 views)

  "CXi delivers Seed Clients into Beta and increases Development Team"   "CXi software is pleased to announce it has migrated two of ...

"Time to replace that bucket" says Trustee Tailored Super

10 June 2017

(7809 views)

  "Time to replace that bucket" says Trustee Tailored Super   "We continue to highlight, that without Smart Defaults like TTS, in 2050 ...

The Tech Corner: BioCube

31 May 2017

(8915 views)

  "The Tech Corner: BioCube A shipping container that processes waste and plant materials into green energy that can run engines and ...

Tractile shades Tesla

25 May 2017

(9832 views)

  "Tractile leaves Tesla solar roof tiles in the shade   Renowned global entrepreneur Elon Musk’s latest product offering, solar roof tiles, are ...

Tooth Booth, CXi Software, News and Events - Funding Strategies Connect May 2017

19 May 2017

(9553 views)

  Tooth Booth, CXi Software, News and Events - Funding Strategies Connect May 2017 Dear Reader, Welcome back for the May edition of ...

"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