Iress completes its $31 million sale of QuantHouse to BAHA

ASX-listed Iress Limited have announced it has completed the sale of its QuantHouse business.

As announced in April 2025, BAHA Tech Holding AG purchased the QuantHouse business for €17.5 million (A$31.3 million) in cash consideration.

Iress Group Managing Director and CEO, Marcus Price, said, “I’d like to thank our people, clients and partners for their contribution during our ownership of QuantHouse and wish them continued success. The divestment of the QuantHouse business strengthens our focus on our high quality core businesses of Wealth and Global Trading and Market Data, where we see good opportunities for organic growth and enhanced shareholder returns.”

As part of the transaction, Iress has agreed to a five-year supply agreement with BAHA to provide existing QuantHouse market data feeds into Iress’ software. The Group will also continue to provide certain services for a period of up to 12 months to assist in the transition of the QuantHouse business to BAHA’s ownership.

Founder and President of BAHA, Christian Baha, said, “BAHA and QuantHouse together as two strong brands and one innovative company will revolutionise the high-end institutional finance market. We are proud to have the QuantHouse team as a new part of the BAHA family.”