INVESTEC ACQUIRES STAKE IN WHOLESALE INVESTOR

Written on the 24 June 2016

INVESTEC ACQUIRES STAKE IN WHOLESALE INVESTOR

INVESTEC Australia has diversified its investment offering after purchasing a major stake in Wholesale Investor.

The Bank of Queensland-backed business has acquired a substantial interest in the online investor platform for an undisclosed amount.

Established in 2008, Wholesale Investor connects private, pre-IPO and small cap ASX-listed companies with high net worth investors in Australasia.

Investec Australia CEO Milton Samios says the company has built a strong history of working with growing businesses.

"We are excited about our investment in Wholesale Investor and to further enhance our offering to growth and emerging companies," Samios says.

"We are particularly attracted to Wholesale Investor's overseas events and connectivity which aligns with our businesses in the UK and Hong Kong."

He says the acquisition extends Investec's presence in the investment ecosystem.

The platform has more than 13,000 subscribers in Australia and Asia.

Wholesale Investor founder and CEO Steve Torso says the team looks forward to growing the business with Investec as a partner.

"Investec's international presence, along with their focus on emerging companies and entrepreneurs matches our enthusiasm for this segment of the market," Torso says.

 


Latest News

ADELAIDE APARTMENT BREAKS OFF-THE-PLAN RECORD WITH $3M SALE

AN apartment in 'The Adelaidean' residential development in Adelaide has sold for more than $3 million, which...

CABCHARGE GIVEN GREEN LIGHT TO BUY YELLOW CABS IN QUEENSLAND FOR $20M

THE consumer watchdog will not oppose the proposed acquisition of Yellow Cabs in Queensland by taxi payment service C...

SLEEPING ROUGH IN THE NAME OF CHARITY: 170 BRISBANE BUSINESS LEADERS TAKE PART IN THE CEO SLEEPOUT

OVER 170 Brisbane CEOs and business leaders will brave the cold tonight to fight homelessness in what will be the big...

DOMESTIC TOURISM IN AUSTRALIA BREAKS RECORDS, INJECTS $61.7 BILLION INTO NATIONAL ECONOMY

DOMESTIC Australian tourists have spent a record breaking $61.7 billion on intra and interstate travel this year, acc...

Related News

DOMESTIC TOURISM IN AUSTRALIA BREAKS RECORDS, INJECTS $61.7 BILLION INTO NATIONAL ECONOMY

DOMESTIC Australian tourists have spent a record breaking $61.7 billion on intra and interstate travel this year, acc...

THE DOCTORS WHO PLUNGED INTO THE SHARK TANK AND SURVIVED WITH A $500,000 INVESTMENT

THEIR mission is to change the face of cancer care with an app that empowers and connects patients and care givers...

IMF BRACES FOR BIG LOSS FOLLOWING WITHDRAWAL FROM SPOTLESS CLASS ACTION

LITIGATION fund IMF Bentham (ASX: IMF) is set to lose as much as half a million dollars after it ceases funding one o...

WAGERING GIANTS TABCORP AND TATTS GIVEN GREEN LIGHT FOR $11B MERGER

THE Competition Tribunal has approved Tabcorp's (ASX: TAH) $11bn takeover bid for Tatts (ASX: TTS) on the conditi...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter