AMMA Private Equity has announced it will build a new technology hub and incubator by October next year.

Boutique equity investment firm AMMA Private Equity has announced it will build a new technology hub by October next year.

Situated in Helensvale at the Gold Coast, the $14 million construction will house the head offices of Guvera, Sportkix, Tapp Commerce and App Investments, as well as site owners AMMA.

The building will also serve as an incubator for technology startups by providing serviced office space.

Paul Jansz, global chief executive of AMMA, said the site will help foster innovation by bringing together local technology leaders and entrepreneurs.

“With plenty of light and colour and large collaborative working spaces, we’re hoping our hard-working team members will be suitably inspired,” he said.

“The tech hub will provide our team with state-of-the art technology that will allow them to work on delivering the next generation of mobile innovations.”

Currently, AMMA Private Equity is Australia’s largest boutique equity firm which sources and manages investment opportunities in the technology mobile sector for more than 300 accounting firms and their clients.  

Jansz said the new three-level, 4,491sqm technology hub highlighted the significance of private equity firms to Australia’s “next generation of startups” by assisting entrepreneurs with business strategy, funding and industry connections.

“Private equity firms like ours support the tech and startup industry by providing our clients with access to some of the world’s most exciting pre-IPO investment opportunities,” he said.

“It will be the ideal space for creatives, technologists, designers and developers to generate new ideas, experiment and bring innovations to market.”

AMMA confirmed the site is expected to be fully operational in October next year.