The Pisces Group, a decade old financial service and mortgage software company, has had its mortgage service and Newsnet messaging business acquired by Santapau Limited, for an undisclosed sum of money.
The acquisition by Santapau, which is backed by clients of Gleneagle Securities, will enable the launch of a range of new financial products to the Australian market.
As a result, the Pisces and Newsnet businesses will be rebranded in the near future to provide a unified brand in the marketplace.
Santapau Director Delan Pagliaccio said the company is excited to assist in the delivery of new and innovative solutions to existing clients of Pisces, and to “further enhance its talented team to provide a high level of customer options and support.”
“We will make this exciting change a smooth and transparent one and ensure our customers, partners and suppliers are kept informed,” Pisces CEO Jega Rajan said.
Pisces is a mortgage software solutions company that has been operating in the Australian industry for over 10 years.
Newsnet specialises in digital messaging solutions and was a pioneer of broadcast messaging in Australia since it first began operating over 15 years ago.
