News

Number of news items returned: 81 to 100 records of 411

"Time to replace that bucket" says Trustee Tailored Super

10 June 2017

(8315 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

(9403 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

(10389 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

(10109 views)

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

Tooth Booth Westfield North Lakes to open August 2017

18 May 2017

(10109 views)

    "Tooth Booth Westfield North Lakes to open August 2017   Tooth Booth are in final discussions with Westfield North Lakes to open ...

Merger Brings Global Financial Network to Melbourne

05 May 2017

(11126 views)

  Merger Brings Global Financial Network to Melbourne    Fast growing capital markets group BlueMount Capital has welcomed Melbourne-based corporate advisory and investment ...

Myriad, Clients and Associate news - Funding Strategies Connect April 2017

20 April 2017

(12639 views)

Myriad, Clients and Associate news - Funding Strategies Connect April 2017   Dear Readers, Welcome back for another edition of our monthly newsletter, ...

BPC Residential Funds - Fully Subscribed

13 April 2017

(12911 views)

  " WE ARE PLEASED TO ANNOUNCE BOSS PRIVATE CAPITAL RESIDENTIAL FUND NUMBER 1 & 2 ARE BOTH NOW FULLY SUBSCRIBED"    Paul Harragon, Managing Director, ...

BPC: Residential Funds - Fully Subscribed

13 April 2017

(12675 views)

  " WE ARE PLEASED TO ANNOUNCE BOSS PRIVATE CAPITAL RESIDENTIAL FUND NUMBER 1 & 2 ARE BOTH NOW FULLY SUBSCRIBED"   Paul Harragon, Managing ...

Future Asset Management International (FAMI)

11 April 2017

(12687 views)

  "Future Venture Capital Offer (FVCO) Our innovative Future Venture Capital Offer (FVCO) provides a compliant VCLP structure for a wide range ...

"Equity crowdfunding bill passed, but proprietary companies still excluded"

20 March 2017

(15796 views)

"Equity crowdfunding bill passed, but proprietary companies still excluded"   "Retail investors will from September be able to buy up to $10,000 ...

Funds, Introductions and Updates - Funding Strategies Connect March 2017

17 March 2017

(12280 views)

Funds, Introductions and Updates - Funding Strategies Connect March 2017 Dear Readers, It has been a busy first quarter so far with ...

Trac Group roll out of Tractile Solar Roofing gains momentum

16 March 2017

(16070 views)

  "Trac Group roll out of TractileTM Solar Roofing gains momentum   Trac Group's strategy to build a network of distributors continues to ...

QinetiQ Selects RobotEye Thermal System for Their CUAS Product Family

14 March 2017

(13409 views)

  "QinetiQ Selects RobotEye Thermal System for Their CUAS Product Family   As the use of drones proliferates, their level of sophistication increases ...

Smarter MySuper defaults

13 March 2017

(13018 views)

  Smarter MySuper defaults    "Are Super Funds being hypocritical? Telling their members who have made an investment choice and are engaged (circa 20%), ...

Queensland Business Development Fund – Co-Investor Application

10 March 2017

(13172 views)

   Queensland Business Development Fund – Co-Investor Application   "Tailored Superannuation Solutions Ltd (“TSS” or the “Company”) is pleased to confirm, following a ...

Nelson Resources appoints CPS Securities

08 March 2017

(13497 views)

  "Nelson Resources appoints CPS Securities   The Nelson Resources Limited (the Company, ASX: NES) Board is pleased to advise that Nelson Resources ...

Tailored Superannuation Solutions Ltd Exceeds Minimum Subscription

22 February 2017

(13563 views)

  Tailored Superannuation Solutions Ltd Exceeds Minimum Subscription "Tailored Superannuation Solutions Ltd (“TSS” or the “Company”) is pleased to confirm that the ...

Nelson Resources extends closing of its Replacement Prospectus

22 February 2017

(13211 views)

   "Nelson Resources extends closing of its Replacement Prospectus   The Nelson Resources Limited (the Company, ASX: NES) Board is pleased to advise ...

"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