Disruptive Investment Group Limited is a technology investment company listed on the Australian Securities Exchange (ASX: DVI). It focuses on niche markets with attractive growth prospects and has partnered with high quality, established businesses in order to maximise shareholder value. DVI’s business strategy involves investing in profitable businesses, operating in large markets with a differentiated business model. DVI has a highly experienced board and management team that has a proven track record in technology, corporate finance and sales, which it applies to increase the growth and profitability of its investments. The board is committed to providing management with the assistance and contacts required, in order to take their businesses to the next level.
- Currently, DVI’s primary investment is Find Solutions Australia (FSA), owner and operator of iBuyNew.com.au (iBuyNew). iBuyNew is an online, off-the-plan property platform operating in Australia’s eastern states. DVI currently holds 50% of FSA and has entered into a binding term sheet to acquire the remaining 50%. The transaction is expected to complete before 1 July 2016. FSA has been profitable since inception and has delivered consistent growth over the last five years.
- Following the accelerated sell down of Professional Performance Systems (PPS), owner and operator of the BYOjet Group to Flight Centre Travel Group Ltd. (ASX: FLT), DVI has maintained a 8.205% equity-like exposure via a potential future payment. The agreed potential future payment is to be determined by reference to PPS’ EBITDA for the financial year ending 30 June 2018.