February 2024
Iress sells OneVue platform business; Flagstaff, MA Moelis on ticket
MA Moelis and law firm Arnold Bloch Leibler have helped listed platform business Praemium clinch a deal to acquire Iress’ OneVue.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September 2020
OneVue takeover bid turns very Thorney
Have you heard the one about comparing a low-margin unit registry business to fast-growing platform provider Netwealth?
- Tom Richardson
Vote against for Iress: Waislitz letter to OneVue investors
OneVue's biggest shareholder is calling on fellow investors to vote down a 43¢ a share offer from financial services software business Iress.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Iress ups OneVue bid, still not enough for Thorney
Financial markets software company Iress Ltd has upped its bid for OneVue – but it seems one shareholder isn't hanging around to see the transaction finalised.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
June 2020
The Thorn(ey) in Iress' side gets bigger
Financial markets software company Iress Ltd's quest to take out ASX-listed OneVue just got a couple of percentage points harder.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Sargon saga lingers over Iress-OneVue deal
Iress's $170 million acquisition of fellow fintech OneVue comes as complications have arisen surrounding exposure to the collapsed Sargon Capital.
- Aleks Vickovich
Iress buying OneVue, Goldman Sachs lines up funds for raising
Financial markets software company Iress Ltd is set to acquire ASX-listed OneVue and fund the deal with an equity raising.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
ASX closes higher; Fortescue hits record; $A storms above US67¢
Australian stocks started the new month with a 1.1 per cent rally on Monday. Iron ore miners shine, as banks bounce off lows. Fortescue now bigger than Woolworths.
- Robert Guy, Vesna Poljak, William McInnes, Sarah Turner and Tom Richardson
May 2020
Sargon liquidators dig into insolvent trading, auditor probe
An ex-senator, entrepreneurial wunderkind and PwC are among those under the spotlight.
- Liam Walsh and Jonathan Shapiro
Clime-ing out of chaos: Madison Financial sale down to short strokes
There's at least one ASX-listed player in the frame to buy ex-Sargon owned financial advice business Madison Financial Group.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
April 2020
Madison Financial sale enters final furlong
The data room at embattled fintech Sargon's on-the-block financial advice subsidiary Madison Financial Group is about to be opened wider.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
March 2020
Praemium picks up Powerwrap stake
Bear markets drive industry consolidation and the first real consolidator has shown its hand.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Sar-gone: flyer for adviser group Madison hits inboxes
OneVue chief executive Connie Mckeage wasn't lying when she said the sale of Madison Financial Group was "imminent".
- Sarah Thompson, Anthony Macdonald and Tim Boyd
February 2020
Administrators begin to break up Sargon businesses
They are seeking 'urgent expressions of interest' from buyers for shares in the company's Australian and New Zealand trading holdings.
- Jonathan Shapiro and Liam Walsh
Sargon financial advice operations handed lifeline
OneVue has stepped in to acquire all of the shares in the financial advice subsidiary of troubled fintech Sargon, but will then move for an imminent sale.
- Aleks Vickovich
Phil Kingston quits GrowthOps as Sargon fallout spreads
His departure comes as receivers take 19 per cent of stock in the associated financial services outfit.
- Liam Walsh and Jonathan Shapiro
New receivers sent to Sargon subsidiary as OneVue shares hit
More turmoil entangles the once-skyrocketing fintech behind superannuation and trustee services.
- Jonathan Shapiro and Liam Walsh
January 2020
Years of red ink before Sargon's downfall
The holding company of high-powered fintech superannuation group Sargon Capital lost nearly $25 in the two years before it tumbled into receivership, and it is yet to file accounts for last financial year.
- Liam Walsh, Liz Main and Jonathan Shapiro
November 2018
Stocks that stand to win after the banking royal commission
Independent financial services players, listed litigation funders and even the big banks themselves (at the right price) could be on your buy list.
- Updated
- Stewart Oldfield
March 2018
Netwealth top-ranked platform, says Investment Trends
Independent platforms are winning the adviser vote in the hotly contested $774 billion platform market.
- Updated
- Alice Uribe