Praemium seeks buyer for UK platform

Including CRM systems

Sophie King
clock • 2 min read

Praemium is looking to sell its UK platform in a bid to focus its attention on its home market in Australia.

The tech platform told the Australian Securities Exchange that, following a strategic review, it would be seeking a buyer for its operations in the UK, Jersey, Dubai and Hong Kong. This includes its platform and CRM systems Wealthcraft and Plum. Deloitte Corporate Finance has been appointed to manage the sale process. Praemium said it will be keeping its clients and partners informed throughout.  Praemium UK & international business managing director Mark Sanderson: "The group board recognises, and is rightly very proud of, the international team's achievements to date. It can see the...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

AJ Bell platform adds DFM comparison tools from Mabel

AJ Bell platform adds DFM comparison tools from Mabel

Partnership follows other recent launches

Jen Frost
clock 30 September 2025 • 2 min read
Professional Adviser TV: Does the platform market need to evolve?

Professional Adviser TV: Does the platform market need to evolve?

Technology ‘core’ to improvement but takes time

Professional Adviser
clock 26 September 2025 • 1 min read
Platform innovation: Terry Huddart on Intelliflo's Wealthlink

Platform innovation: Terry Huddart on Intelliflo's Wealthlink

The tie-up 'could potentially change the game'

Terry Huddart
clock 23 September 2025 • 5 min read