MainstreamBPO to acquire IRESS’s super admin business for customer-owned banks

MainstreamBPO (ASX: MAI) today announced it has entered into an agreement to acquire a part of IRESS’s (ASX: IRE) superannuation administration business, expanding its presence in the growing superannuation administration sector.

The transaction involves the ‘lift and shift’ of 14 super fund clients from IRESS to SuperBPO, adding scale, capability and new client opportunities to the business.