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Symple shareholders celebrate as Latitude deal doubles valuation – The Australian Financial Review

The Costa family, Tony Wales and Symple’s founders are popping champagne after Latitude bought the fintech at a 37 times trailing…

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Howard Armitages (a director of Caracal Investments) Colorac is the largest external shareholder with 19 per cent of the business, earning him $38 million worth of cash and shares in Latitude.
Symple was co-founded in 2018 by former ANZ bankers Bob Belan,…

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