Newpark aggregation group sold
SHARE acquired Newpark in 2020 and has now sold a controlling stake in the business to financial services technology company Tella.
Newpark has just under 200 mortgage advisers who, collectively, settle around $2.5 billion of mortgages every year.
SHARE will keep a minority interest in Newpark Home Loans and will continue to work closely with the business.
Tella, headed by Andrew Chambers, operates an innovative mortgage platform for financial advisers, streamlining the loan application process and making the home loan journey simpler, faster, easier to understand and more enjoyable.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)
