CHAMP takes majority in stake in Pepperstone
CHAMP Private Equity has made an investment in Melbourne-based global forex and CFD broker, Pepperstone.
Founded in 2010 by Owen Kerr and Joe Davenport, Pepperstone offers platforms for both retail and institutional clients, transacting over$US100 billion in FX turnover each month. The business has partnered with CHAMP to facilitate further rapid growth on a global scale.
“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,” Owen Kerr, CEO of Pepperstone said.
“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 added “We are excited to be making this strategic investment and to partner with Pepperstone.”