Acquisition Announced Sponsor buyer
Bain Capital Private Equity, LP acquisition of Perpetual Wealth Management Group
A$500m consideration
Announced 16 Mar 2026
Advisers
Perpetual Wealth Management Group
Target
- Financial adviser
- Legal adviser
- Mallesons (as King & Wood Mallesons)
Bain Capital Private Equity, LP
Acquirer
- Legal adviser
- Allens
Team: Noah Obradovic, Georgie Leahy, Konrad Stilin, Fergus Rees, Eleanor Skuza, Lachlan Martin, Jack Shanahan, Simun Soljo, Kerensa Sneyd, Michael Mathieson, Guy Spielman, Gabor Papdi, Mathew Newell, David Couper, Sarah Denton, Angelina Mihaylova, Jessica Mottau, Aveline Orban, Isaac Nankavill, Tracy Lu, Kristi Hewetson, Annabelle Aland, Lauren Cutuli, Chloe Wilton, Sarah Lunny, Dora Banyasz, Felicity McMahon, Andrew Wong
- Target
- Perpetual Wealth Management Group
- Acquirer
- Bain Capital Private Equity, LP
- Seller
- Perpetual
- Structure
- Private sale
- Sector
- Asset and wealth management
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Sources
- 16 Mar 2026 Sale of Wealth Management business ASX
- 16 Mar 2026 Allens advises Bain Capital on acquisition of Perpetual’s wealth management business allens.com.au
- 16 Mar 2026 Bain Capital to Acquire Perpetual Wealth Management baincapital.com