AMMA unveils Gold Coast tech hub
Boutique equity investment firm, AMMA Private Equity, has announced it will build a new technology hub by October next year.
Situated in Helensvale on the Gold Coast, the $14 million construction will house the head offices of Guvera, Sportkix, Tapp Commerce and App Investments, as well as site owners AMMA.
The building will also serve as an incubator for technology start-ups by providing serviced office space.
AMMA global chief executive, Paul Jansz said the site will help foster innovation by bringing together local technology leaders and entrepreneurs.
"With plenty of light and colour and large collaborative working spaces, we're hoping our hard-working team members will be suitably inspired," he said.
"The tech hub will provide our team with state-of-the art technology that will allow them to work on delivering the next generation of mobile innovations."
Currently, AMMA Private Equity is Australia's largest boutique equity firm which sources and manages investment opportunities in the technology mobile sector for more than 300 accounting firms and their clients.
Jansz said the new three-level, 4,491sqm technology hub highlighted the significance of private equity firms to Australia's "next generation of start-ups" by assisting entrepreneurs with business strategy, funding and industry connections.
"Private equity firms, like ours, support the tech and start-up industry by providing our clients with access to some of the world's most exciting pre-IPO investment opportunities," he said.
"It will be the ideal space for creatives, technologists, designers and developers to generate new ideas, experiment and bring innovations to market."
Recommended for you
Alphinity Investment Management and CSIRO have brought its responsible AI framework to the market, helping investors navigate AI alongside ESG principles.
The ASX board has appointed Wayne Byres as a non-executive director, who previously served as APRA chair for more than eight years.
Ahead of an upcoming fund launch focusing on mid-caps, OC Funds Management has welcomed a new portfolio manager to its investment team.
Almost 70 per cent of asset managers are planning to control costs via product rationalisation, according to a global survey by Northern Trust, as they seek to offer clients a best-in-class experience.
