New Zealand-based financial adviser network Share has completed the sale of a controlling stake in Newpark Home Loans, a mortgage aggregation facility for financial advisers, to Tella Holdings. The transaction is effective September 1, 2025, with the financial terms undisclosed.

Share, which initially acquired Newpark in November 2020, will retain a minority interest in the business and plans to continue its close working relationship under Tella’s majority ownership. Newpark Home Loans currently supports nearly 200 mortgage advisers, facilitating the settlement of over $2.5 billion in mortgages annually through a network of 29 lenders, including Westpac, Bank of China, and The Cooperative Bank.

Tella Holdings, established in June 2022, operates an API-led digital platform designed for home loan applications, verification, and approvals. This acquisition marks Tella’s first since its inception. The company’s platform is primarily focused on enhancing mortgage brokerage services.

Andrew Chambers, CEO and co-founder of Tella, stated, “Whilst the shareholding is scheduled to change, the intention is to build on the great culture within Newpark, supporting growth within the existing advisers, while creating a home for new advisers to arrive and thrive.” Chambers added that Tella intends to “realise the potential of the business by leveraging our technology platform” and highlighted that the company has “been working alongside Newpark for several years now and have built a close relationship with the team and the advisers.”