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Novigi takes 100% of QMV Solutions

Mike Taylor7 February 2024
Mobile phone with fintech

Fast-growing superannuation technology service provider Novigi has acquired 100% of QMV Solutions.

Novigi announced formal completion of the acquisition today stating that it represented the amalgamation of two closely aligned businesses with complementary strengths in the superannuation, wealth management and related technology segments.

Novigi chief executive, Ash Priest said the integration of QMV made sense for Novigi and QMV, as part of our combined next phase of business maturity.

“The deal ticked many boxes for our people, our clients and business partners to create a more stable and sustainable operational model.”

QMV Executive Director Michael Quinn said QMV shared the view that both firms together will deliver a compelling offer in our core segments.

Put simply, QMV is buying in, not selling out,” he said.

​“The transaction creates a welcome opportunity to genuinely expand our depth, enhance client offerings with a combined and aligned Novigi that further benefits our people and business partners.”

“A stable and reinvigorated QMV, operating under the Novigi brand, delivers the right platform and service lines at the right time in the superannuation and wealth management sector.”

Mike Taylor

Mike Taylor

Managing Editor/Publisher, Financial Newswire

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