Trail Homes is delighted to announce the acquisition of Australian Unity’s trail books having successfully secured the tender in late January, 2020. The deal follows Australian Unity’s decision to divest its non-core business activities, including its mortgage broking operations.
“The deal was a record sale for this financial year, and delivered in a record time of six weeks – which is significant given its size, required due diligence and the complexity of the transaction,” said Nick Young, Director, Trail Homes. “In addition, it was in the best interest for all parties to ensure that ongoing client service was not disrupted by the sale.”
We urge brokers to consider trail books as a ‘living’ asset’ that can be actively optimised and used to financially support the different stages of a businesses’ life cycle.