April 11, 2019

Tanarra Group takes majority interest in INX Software Pty Ltd

INX Software Pty Ltd have sold a majority stake to the Tanarra Group, a diversified Australasian alternative asset firm with over $1 billion funds under management and global investment portfolio.
Garry Back, INX’s founder and Managing Director, along with INX’s CTO Vaughan de Vos, will retain a substantial ownership position in INX going forward. Additionally, we’re pleased to announce that our former CMO Basil Lenzo has now been promoted to the position of CEO.
Tanarra has a long track record of owning, partnering with and investing successfully in both public and private companies, from early stage venture capital through to well-established businesses, particularly in the technology sector.
Positioning for Sustainability and Growth
Having Tanarra as the largest shareholder will provide INX with assurance of long-term sustainability and investment in the business, which will benefit all INX clients.
A key focus going forward will be to invest in technology, marketing and growth initiatives to accelerate the evolution of INX and its products

Want to know more? Then don’t hesitate to get in touch with us >

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