Lander & Rogers is proud to have advised leading data and technology provider Novigi on the successful acquisition of Iress' consulting and managed services business from Apex Group.
Novigi is backed by top tier global institutional investment manager, IFM Investors, and was the fastest growing professional services firm in last year's Australian Financial Review Fast 100 List.
The transaction marks a major step in Novigi's strategic growth, bringing more than 100 specialised consultants into its business and expanding its total headcount to nearly 400. This acquisition strengthens Novigi's capabilities in delivering technology-enabled operational support to the superannuation sector, particularly around the Iress Acurity platform, which is widely used across the wealth management industry.
Corporate/M&A partner, Paul Mayson, led the transaction with Banking and Finance partner Adam Jeffrey supporting with the acquisition financing, and consultant Robert Neely assisting with the commercial aspects.
Paul commented: "This is a transformative deal for Novigi and a testament to its clear strategic vision and growth ambitions. We're proud to have supported the Novigi/IFM team through this important milestone and to be part of their continued growth journey."
Apex Group, which had earlier acquired Iress' superannuation business, noted that the collaboration with Novigi would enable the development of a market-leading technology ecosystem by combining Apex Super's global experience with Novigi's deep operational and tech expertise.
Lander & Rogers congratulates Novigi/IFM on this significant milestone.
