Australian M&A and equity raisings
1,881 deals since January 2025, each with its advisers and sources · as at 8 Nov 2026 · Venture rounds
85 deals · A$40bndisclosed · Financial services · Clear
Columns
| Date | Target | Vendor | Acquirer | Type | Status | Value A$m | Sector | Advisers |
|---|---|---|---|---|---|---|---|---|
| Dec 2024 | Resolution Life | Resolution Life’s investment limited partnership | Nippon Life | Acquisition | Completed | – | Insurance | Ashurst Perkins Coie (buy-side) |
| Jan 2025 | IFM Investors | – | – | Scheme | Completed | – | Asset and wealth management | Gilbert + Tobin |
| Jan 2025 | Insignia | – | CC Capital | Scheme | Completed | 3,900.0 | Asset and wealth management | Citi (sell-side)Gresham (sell-side)Mallesons (sell-side)Kroll (sell-side)Ashurst Perkins Coie (buy-side)Skadden, Arps, Slate, Meagher & Flom (buy-side)Herbert Smith Freehills Kramer (buy-side)Weil, Gotshal & Manges (buy-side) |
| Jan 2025 | Insignia Financial | – | Bain Capital | Scheme | Withdrawn | – | Asset and wealth management | Citi (sell-side)Gresham (sell-side)Mallesons (sell-side) |
| Feb 2025 | Industry Super Holdings | – | Nest | Stake | Completed | – | Asset and wealth management | Travers Smith (buy-side)Gilbert + Tobin (buy-side) |
| Feb 2025 | Evidentia Group Holdings | – | Generation Development Group | Acquisition | Completed | 320.0 | Asset and wealth management | Luminis Partners (buy-side)Baker McKenzie (buy-side) |
| Feb 2025 | Perpetual Wealth Management and Corporate Trust businesses | Perpetual | Kohlberg Kravis Roberts & Co. L.P. | Scheme | Announced | – | Asset and wealth management | Grant Samuel |
| Feb 2025 | SelfWealth | – | Bell Financial Group | Scheme | Withdrawn | – | Asset and wealth management | Flagstaff Partners (sell-side)Herbert Smith Freehills Kramer (sell-side)Grant Thornton (sell-side) |
| Mar 2025 | Metrics Credit Partners | – | The Townsend Group | Stake | Announced | – | Asset and wealth management | Jones Day (buy-side)Jarden (buy-side) |
| Mar 2025 | 1315 Capital | – | Navigator Global Investments | Stake | Announced | 112.6 | Asset and wealth management | Ardea Partners (sell-side)Ropes & Gray (sell-side)Fried Frank (buy-side) |
| Apr 2025 | SecurePay | Australia Post | Fat Zebra | Acquisition | Completed | – | Payments and fintech | Ad Astra Corporate Advisory (buy-side)K&L Gates (buy-side) |
| Apr 2025 | SuperChoice Group | Potentia Capital | Intermediate Capital Group | Acquisition | Completed | – | Payments and fintech | Johnson Winter Slattery (sell-side) |
| Apr 2025 | Wealth Architects | – | The Envest Group | Acquisition | Completed | – | Asset and wealth management | Hall & Wilcox (sell-side)Forvis Mazars (South Africa) (sell-side) |
| Apr 2025 | Fly Wallet | Etimoney | My Rewards International | Acquisition | Completed | 0.8 | Payments and fintech | Nexia Australia (buy-side) |
| May 2025 | Omni Bridgeway's Continuation Fund | – | Ares Management | Stake | Completed | 320.0 | Asset and wealth management | Clifford Chance (buy-side) |
| May 2025 | RAC WA Insurance business | Royal Automobile Club of Western Australia (RAC WA) | Insurance Australia Group | Acquisition | Completed | 1,350.0 | Insurance | Allens (buy-side) |
| May 2025 | Craig Investment Partners | – | TA Associates | Stake | Completed | – | Asset and wealth management | Allens (buy-side)Chapman Tripp (buy-side) |
| May 2025 | L1 Capital | – | Platinum Asset Management | Merger | Completed | – | Asset and wealth management | Corrs Chambers Westgarth (sell-side)Macquarie Capital (sell-side)Jefferies (buy-side)Allens (buy-side) |
| May 2025 | NSX | – | CNSX Markets | Scheme | Completed | – | Payments and fintech | HWLE Lawyers (sell-side)Moore Australia (sell-side)PKF (sell-side)Automic Group (sell-side) |
| Jun 2025 | FIIG Securities | FIIG Holdings | Australian Investment Exchange Limited (AUSIEX) | Acquisition | Completed | – | Asset and wealth management | Hamilton Locke (sell-side) |
| Jun 2025 | Hunter Premium Funding | Allianz | Pemba Capital Partners | Acquisition | Completed | – | Banking and lending | Clifford Chance (buy-side) |
| Jun 2025 | Pinnacle Underwriting | Pinnacle Underwriting, its group entities and shareholders | United Risk Global | Acquisition | Completed | – | Insurance | Ashurst Perkins Coie (sell-side) |
| Jun 2025 | Washington H. Soul Pattinson and Company | – | TopCo (newly established ASX-listed company) | Scheme | Completed | 14,000.0 | Listed investment vehicles | Ashurst Perkins Coie (sell-side)Mallesons (sell-side)Pitt Capital Partners (sell-side)Citi (sell-side)Kroll (sell-side)PwC (sell-side)EY (sell-side)Lonergan Edwards & Associates (sell-side) |
| Jun 2025 | humm group | – | The Abercrombie Group | Scheme | Announced | – | Payments and fintech | K&L Gates (sell-side)Flagstaff Partners (sell-side)Gresham (buy-side)MinterEllison (buy-side) |
| Jun 2025 | Melio | – | Xero | Acquisition | Completed | 3,992.1 | Payments and fintech | J.P. Morgan (buy-side) |
| Jul 2025 | First Maven Pty Ltd (L1 Capital) | – | Platinum Asset Management | Merger | Completed | – | Asset and wealth management | Corrs Chambers Westgarth (sell-side) |
| Jul 2025 | Caleb and Brown Holdings | – | Swyftx | Acquisition | Completed | – | Payments and fintech | Gilbert + Tobin (sell-side)Baker McKenzie (buy-side) |
| Aug 2025 | Isuzu Financial Services Australia (IFSA) | – | – | Joint venture | Announced | – | Banking and lending | Hall & Wilcox |
| Aug 2025 | Causeway Asset Management | – | Salter Brothers | Acquisition | Announced | – | Asset and wealth management | MinterEllison (buy-side) |
| Aug 2025 | Indue | – | Cuscal | Acquisition | Completed | 75.0 | Payments and fintech | BofA Securities (buy-side)Gilbert + Tobin (buy-side) |
| Sep 2025 | Ezypay | – | Xplor Technologies | Acquisition | Announced | – | Payments and fintech | Allens (buy-side) |
| Sep 2025 | Automic Group | – | Advent International | Acquisition | Announced | – | Payments and fintech | Goldman Sachs (sell-side)Gilbert + Tobin (sell-side)EY (sell-side)Boston Consulting Group (sell-side)Crosslake Technologies (sell-side)Privatus Capital Partners (sell-side)Allens (buy-side) |
| Sep 2025 | 360 Capital Group | – | TT Investments | Takeover | Completed | – | Asset and wealth management | Clayton Utz (sell-side)EY (sell-side)Grant Thornton (sell-side)K&L Gates (buy-side)Morgans (buy-side) |
| Oct 2025 | Wilsons Advisory | – | Canaccord Genuity Australia | Acquisition | Completed | – | Asset and wealth management | EM Advisory (buy-side)Arnold Bloch Leibler (buy-side) |
| Oct 2025 | FleetPartners Group | – | Mitsubishi Motors | Stake | Announced | – | Banking and lending | Thomsons (buy-side) |
| Oct 2025 | Advantage Partners | – | Pinnacle Investment Management | Stake | Completed | 92.0 | Asset and wealth management | Blackpeak Capital (buy-side) |
| Oct 2025 | AUB Group | – | Arbutus | Scheme | Announced | – | Insurance | Macquarie Capital (sell-side)Allens (sell-side) |
| Nov 2025 | NiuPay | – | Kina Securities | Stake | Announced | 7.6 | Payments and fintech | Clayton Utz (buy-side) |
| Nov 2025 | Westpac RAMS mortgage portfolio | Westpac | Pepper Money Consortium | Asset sale | Completed | – | Banking and lending | Ashurst Perkins Coie (sell-side)Mallesons (buy-side) |
| Dec 2025 | SCF | ICG | ABL | Acquisition | Announced | – | Banking and lending | Grant Samuel (buy-side) |
| Dec 2025 | Australian investment management rights of Macquarie Asset Management | Macquarie Asset Management Holdings | Nomura | Asset sale | Announced | – | Asset and wealth management | White & CaseMcCullough Robertson (buy-side) |
| Dec 2025 | Humm Group | – | Credit Corp Group | Scheme | Announced | – | Payments and fintech | Flagstaff Partners (sell-side)Macquarie Capital (buy-side) |
| Jan 2026 | GROW | – | – | Stake | Announced | – | Payments and fintech | Highbury Partnership (sell-side) |
| Jan 2026 | PIHL Holdings | – | AUB Group | Acquisition | Announced | 432.0 | Insurance | Allens (buy-side) |
| Jan 2026 | Diversified United Investment | – | Australian United Investment Company | Scheme | Withdrawn | – | Listed investment vehicles | Ashurst Perkins Coie (sell-side)Kroll (sell-side)Herbert Smith Freehills Kramer (buy-side) |
| Jan 2026 | Independent Reserve | – | IG Group Holdings | Acquisition | Completed | 178.0 | Payments and fintech | Hamilton Locke (sell-side) |
| Feb 2026 | Centuria Bass Credit | – | Centuria Capital | Acquisition | Announced | – | Asset and wealth management | Jones Day (buy-side) |
| Feb 2026 | SB SPV No.1 Pty Ltd (IPSI) | – | Commonwealth Bank of Australia (CBA) | Acquisition | Announced | – | Payments and fintech | Bird & Bird |
| Feb 2026 | management rights to Elanor Commercial Property Fund | Elanor Investors Group | LDR Capital | Acquisition | Announced | – | Asset and wealth management | McCullough Robertson (buy-side) |
| Feb 2026 | Pepper Money | – | Challenger | Scheme | Announced | – | Banking and lending | Jefferies (sell-side)Reunion Capital Partners (sell-side)Gilbert + Tobin (sell-side) |
Deals come from ASX announcements, scheme booklets, prospectuses, the advisers' own deal announcements and the press. How the data is built