M&A Deal Summary

OneVue Acquires No More Practice Education Pty

On April 17, 2018, OneVue acquired internet software and services company No More Practice Education Pty

Acquisition Highlights
  • This is OneVue’s 1st transaction in the Internet Software and Services sector.
  • This is OneVue’s 1st transaction in Australia.

M&A Deal Summary

Date 2018-04-17
Target No More Practice Education Pty
Sector Internet Software and Services
Buyer(s) OneVue
Deal Type Add-on Acquisition

Target

No More Practice Education Pty

Milsons Point, Australia
No More Practice Education is a fully CPD-accredited, online learning business for financial professionals with a focus on high production values, engagement and learning from the best industry experts. It was founded over 10 years ago by Vanessa Stoykov and now provides online learning resources which are utilised by a community of 22,000 finance professionals. The group also provides educational content to more than 80 per cent of Australia’s financial advisers, which is produced through its sister company, and exclusive provider of content, evolution media group.

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Buyer(S) 1

Buyer

OneVue

Sydney, Australia

Category Company
Founded 2004
Sector Information Technology
Revenue 49M AUD (2020)
DESCRIPTION

OneVue is a fintech company that partners to disrupt the superannuation value chain. The business operates through three core divisions: Fund Services, Platform Services, and Trustee Services. OneVue Holdings was founded in 2004 and is based in Sydney, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-03 OneVue Holdings - OneVue Responsible Entity Business

Sydney, Australia

OneVue Holdings Ltd. - OneVue Responsible Entity Business which covers 28 managed investment schemes and approximately $2.7 billion of funds under supervision.

Sell -