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Press Release: Anvia Holdings Corporation Acquires Majority Stake of Myplanner Professional Services Pty Ltd, Australia’s 28th largest Australian Financial Services Licensee in 2018.


Ridgefield Park, NJ, June 12, 2019 (GLOBE NEWSWIRE) -- Anvia Holdings Corporation (OTCQB:ANVV) (the "Company" or "Anvia Holdings") today announced that it has executed a definitive agreement to acquire 95% majority stake of the issued and outstanding shares of the 28th largest Australian Financial Services licensee, Myplanner Professional Services Pty Ltd (Myplanner) based in Queensland, Australia.
The agreement also included the acquisition of 100% stake of the issued and outstanding shares in the company, My Managed Portfolio Pty Ltd being the investment managed discretionary account service provided to more than 100 licenced financial advisers within the group.Under the agreement Anvia Holdings through its fully owned subsidiary, Anvia (Australia) Pty Ltd shall pay a total combined acquisition amount of AUD $4,381,305 for both Myplanner Professional Services Pty Ltd and My Managed Portfolio Pty Ltd outstanding shares.Included in the agreement and within the total purchase price, the vendors will be issued AUD $1,314,391 for shares within Anvia Holdings based on the aggregate closing price for the 30 days preceding the 11 June 2019.David Mardell, Managing Director of Myplanner, said "We are very excited to have entered into this agreement with Anvia. For me, it was a wonderful cultural fit between both the Anvia Group of Companies and Myplanner as we both have the desire to assist our existing advisers grow their businesses as well expanding our network of advisers around Australia.”David Mardell also expanded to say that “We look forward to building upon our existing licensee offering and continue striving towards becoming the licensee of choice in the Australian Financial Services market. We believe that this partnership with Anvia, with the use of their technology platforms, practice development and business coaching services, as well as their Registered Training Organisation businesses will provide Myplanner with a distinct advantage within the current environment and additional resources for strong growth in 2019 and beyond.”Anvia (Australia) Pty Ltd CEO, James Kennett, said, "adding Myplanner to our professional services portfolio is not just adding additional revenues to the group, it will strengthen our position in the Financial Services sector within Australia as well as compliment the existing businesses within the Anvia Group."About MyplannerDavid Mardell is the Managing Director and founding partner of Myplann...


Posted: 2019-06-12 13:58:00

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Home / Top News / Anvia Holdings Corporation Acquires Majority Stake of Myplanner Professional Services Pty Ltd, Australia’s 28th largest Australian Financial Services Licensee in 2018.

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