Tribeca pushes ahead with fifth acquisition
TribecaCorporation has acquired Melbourne-based Financial Planning Resources (FPR).
FPR produces a structured program for planners and advisers in the form of a video workshop, which Tribeca intends to merge with its similar existing video offering to create a new product. According to Tribeca, which is the parent of financial services training and education provider Integratec, this combined business will have close to 9000 subscribers.
Craig Saunders, the vendor of FPR, will assume the role of managing editor of the combined business.
“The acquisition means that our clients, covering both blue-chip financial institutions and independent financial advisers, will now be offered a program that contains the best of the Integratec and Financial Planning Resources programs,” Saunders says.
The FPR acquisition is Tribeca’s fifth since moving into the financial services industry in September 2000.
Tribeca managing director Adam Davis expects the demand for continuing professional development services to increase dramatically in the short to medium term.
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