REB award-winning buyer’s agency InvestorKit and Fouracre Financial have teamed up to acquire key assets from liquidated buyer’s agency Dashdot, including its proprietary technology platforms and lending business.
The seven-figure acquisition includes Dash Lending, which will be jointly owned by InvestorKit and Fouracre Financial, helping to bring Fouracre a step closer to a $1 billion loan book.
InvestorKit is further expected to integrate Dashdot’s technology assets, intellectual property, operational systems, and proprietary business infrastructure into its business.
It includes Dashdot’s REMi predictive modelling platform, Pathfinder portfolio planning software, marketing infrastructure, data assets, and investment technology.
Investorkit said the transaction was an asset acquisition only and did not involve the purchase of Dashdot Pty Ltd from liquidation. The deal was facilitated by KG & Co Legal.
Additionally, selected former Dashdot team members will join InvestorKit as integration activities and the incorporation of the acquired technology commence over the coming months.
The asset acquisition follows the collapse of the Australia-wide buyer’s agency on 28 May.
Dashdot was founded in 2019 by Gabi Billing and Glenn “Goose” McGrath, before entering insolvency due to mounting economic pressures, market uncertainty and tax changes.
InvestorKit founder and CEO Arjun Paliwal said the acquisition would strengthen the company’s technology offering while bringing proven systems and expertise into its long-term vision for Australian property investors.
"The collapse of Dashdot was a significant moment for our industry and created uncertainty for hundreds of Australian investors,” Paliwal said.
“What stood out to us was that there were valuable technology platforms, intellectual property, systems and talented people that risked being lost entirely through the liquidation process.”
While incorporating the assets, InvestorKit will further conduct a structured consent process, giving former Dashdot clients the option to opt out before their data is transferred to the platform.
“In the short term, [the acquisition] also helps us support a select number of Dashdot clients and seamlessly transition some of them where feasible to InvestorKit and Fouracre Financial."
Paliwal said the acquisition offered a pathway forward for impacted customers, noting InvestorKit had weathered many of the same market conditions that led to Dashdot’s collapse.
“Like many businesses operating in this sector, we’ve experienced the same market conditions, including higher interest rates, changing investor sentiment, increased customer acquisition costs and broader economic uncertainty,” he said.
“All in our industry are impacted and adjustments do occur. However, with business, no two businesses go through the same times exactly the same way. Adaptability is a key component of our long-term journey at InvestorKit.”
According to Fouracre Financial founder Jack Fouracre, the acquisition of Dash Lending marked a major strategic milestone that would expand the firm’s lending footprint, accelerate its growth trajectory and strengthen its market position.
He said the acquisition of Dash Lending would help the firm move towards a $1 billion loan book, expanding its scale, lending capabilities and enabling it to support more Australian investors and home owners.
Fouracre said the firm would prioritise a smooth transition for former Dashdot clients, ensuring their lending and finance requirements remained supported throughout the process.
“Our priority is ensuring those clients have access to experienced mortgage professionals who can help them navigate the next stage of their property journey with confidence,” he said.
“Whether a client is securing finance for their first investment property, refinancing an existing portfolio or preparing for their next acquisition, we’re committed to providing stability, guidance and ongoing support throughout the transition.”
Paliwal said the fallout of Dashdot reinforced the need for trust, accountability and long-term thinking within the property investment industry.
“Over the past eight years, InvestorKit has helped Australians acquire more than $2 billion worth of property, and with that comes a responsibility to uphold trust and professionalism within our industry.”
“We are committed to ensuring Australian investors continue to receive the education, support and strategic guidance they need to build long-term wealth, particularly during periods of uncertainty.”
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