
Perpetual buys majority stake in Interfi Systems
Perpetual (ASX:PPT) has finalised a share sale deed to acquire a majority 70% stake in Victoria-based Interfi Systems, an established asset servicing technology provider managing approximately $55 billion in assets.
The strategic acquisition aligns with Perpetual's ongoing efforts to expand capabilities within its corporate trust’s digital and markets division through targeted bolt-on investments.
Interfi specialises in loan servicing technology for the non-bank lending sector, offering an automated, end-to-end platform spanning from settlement to discharge.
Perpetual CEO Bernard Reilly stated that the transaction secures long-term growth and market leadership, with financial contributions projected to impact the division from FY27 and beyond.
Richard McCarthy, CEO of Perpetual Corporate Trust, added that integrating Interfi's capabilities with the Perpetual Intelligence platform will deliver an automated ecosystem for clients, streamlining lending through to securitisation while complementing their core debt market services.
The deal, funded through internally generated cash flows, is expected to close before the end of June, subject to customary conditions precedent.
Perpetual retains an option to acquire the remaining 30% of Interfi by FY31, whilst Interfi’s Founder and Managing Director, Michael Dilworth, is set to continue with the business.
Perpetual reported steady progress on improving its gross debt position since Dec. 31, 2025, taking into account recent debt facility repayments.
At the time of reporting, Perpetual’s share price was $15.80.