DMA has agreed to acquire an 80.1% stake in Saxo Australia from Saxo Bank, enhancing its software solutions offerings for the Australian financial advisory market.

Information on the Target

DMA is a prominent global provider of comprehensive software solutions tailored for financial advisers and wealth managers. The company has recently entered into an agreement to acquire an 80.1% majority stake in Saxo Australia from Saxo Bank, a renowned online trading and investment firm. This acquisition will allow DMA to integrate Saxo's advanced trading technology and platforms through a white-label agreement designed for the Australian market.

Saxo Bank will retain a 19.9% ownership of its Australian operations, ensuring that the collaboration will enhance the service offerings available to clients. Through this transaction, DMA aims to combine its business-to-business expertise with Saxo's award-winning platforms, extensive product offerings, and competitive pricing strategies.

Industry Overview in Australia

The financial services industry in Australia has witnessed significant growth in recent years, driven by technological advancements and an increasing shift toward digital investment solutions. A surge in demand for streamlined trading platforms ha