Bailador's $10m investment in DASH

Bailador Technology Investments Limited (ASX:BTI) has announced a $10m investment in DASH Technology Group Ltd to fund its acquisition of Integrated Portfolio Solutions Pty Ltd. The investment includes a $5m equity investment and a repayable $5m debt facility, increasing Bailador's carrying value for DASH to $25m.

Executive Commentary on Investment and Acquisition

David Kirk, Bailador Co-Founder and Managing Partner, stated, 'DASH's acquisition of IPS will enable it to take to market a comprehensive technology solution that serves the full financial planning spectrum from clients beginning to build their wealth through to ultra-high-net-worth investors and family offices. Financially it will see DASH reach over $15bn FUA and a new level of revenue scale from which to grow organically.'

Summary of Bailador's Investment and Outlook

Bailador Technology Investments Limited has made a $10m investment in DASH Technology Group Ltd to support its acquisition of Integrated Portfolio Solutions Pty Ltd. This investment, structured as an equity investment and a debt facility, will increase Bailador's carrying value for DASH to $25m. The acquisition of IPS is expected to enable DASH to offer a comprehensive technology solution across the financial planning spectrum, potentially reaching over $15bn FUA and achieving a new level of revenue scale for organic growth. Bailador's October shareholder update will reflect this investment, and an additional $5m investment is planned for January 2025 as part of the original $20m investment made in June 2024.