Pepperstone announces securing investment from Private Equity
Posted on: 03 March 2016 , by: Pepperstone Support , category: Pepperstone Company News
Pepperstone today announced that CHAMP Private Equity, one of Australia's leading private equity firms, has made a major strategic investment in the Melbourne based global forex and CFD broker. Pepperstone was founded in 2010 by Owen Kerr and Joe Davenport and since then has grown into one of the top 10 FX brokers globally.
The founders have partnered with CHAMP to facilitate further rapid growth on a global scale. Pepperstone has plans to open offices in multiple new regions this year. In order to further boost their brand, the firm is also said to be considering acquiring market leaders in certain key regions or looking at unique technology providers that may be complementary to the firm's current offering.
Pepperstone currently offers platforms for both retail and institutional clients, transacting over USD $100 billion in FX turnover each month and with offices in Melbourne, Shanghai and Dallas.
Owen Kerr, CEO of Pepperstone said "For Pepperstone to have the backing of one of Australia's leading private equity firms as a significant investor and business partner is extremely exciting for us. We plan to continue taking the business to a much higher level in the years ahead and are excited for what the future holds for Pepperstone and ultimately, our clients. Our focus has always been on providing our clients a far superior trading experience than what is in the market today, whether that be our lower spreads, best in class execution or customer experience. We feel this investment will exponentially assist in achieving our goal of becoming the world's number 1 FX Broker."
Fiona Lock, of CHAMP Private Equity commented “We are excited to be making this strategic investment and to partner with Pepperstone. We are looking forward to helping the company build on its impressive recent growth and achieve its full potential.”