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 |
|---|---|---|---|---|---|---|---|---|
| Sep 2026 | Bennelong Funds Management | – | Antipodes | Acquisition | Announced | – | Asset and wealth management | Blackpeak Capital (buy-side) |
| Sep 2026 | Pacific Current Group | – | Roc Partners | Acquisition | Rejected | – | Asset and wealth management | Flagstaff Partners (sell-side) |
| Sep 2026 | Commercial Credit Holdings Limited (CreditorWatch) | – | Warburg Pincus | Scheme | Announced | – | Payments and fintech | Corrs Chambers Westgarth (buy-side) |
| Aug 2026 | River Capital | – | Pacific Current Group | Acquisition | Announced | – | Asset and wealth management | Flagstaff Partners (buy-side) |
| Aug 2026 | Hewison Private Wealth | – | Pemba Capital Partners | Acquisition | Completed | – | Asset and wealth management | Clifford Chance (buy-side) |
| Aug 2026 | EQT Holdings | – | TPG Global | Scheme | Announced | – | Asset and wealth management | UBS (sell-side)Herbert Smith Freehills Kramer (sell-side) |
| Aug 2026 | FleetPartners Group | – | SG Fleet Topco | Scheme | Announced | 1,131.0 | Banking and lending | UBS (sell-side)Herbert Smith Freehills Kramer (sell-side) |
| Aug 2026 | Kio Investment Management | – | – | Joint venture | Announced | – | Asset and wealth management | Corrs Chambers Westgarth (buy-side) |
| Aug 2026 | Fairview Equity Partners (Insignia's 40% interest) | Insignia Financial | Janus Henderson Investors | Acquisition | Announced | – | Asset and wealth management | Allens (buy-side) |
| Jul 2026 | OFX Group | – | Alakazam Holdings Bidco | Scheme | Announced | 233.0 | Payments and fintech | Goldman Sachs (sell-side)Allens (sell-side) |
| Jul 2026 | Perpetual | – | Windflower | Scheme | Announced | – | Asset and wealth management | BofA Securities (sell-side)Mallesons (sell-side) |
| Jun 2026 | Steadfast Group | – | Amwins Group | Scheme | Announced | 7,700.0 | Insurance | J.P. Morgan (sell-side)Citi (sell-side)Insight Capital Advisors (sell-side)Mallesons (sell-side)Kroll (sell-side)Ashurst Perkins Coie (buy-side) |
| Jun 2026 | Strata Investment Holdings | – | Freedom BidCo | Acquisition | Completed | 27.1 | Listed investment vehicles | Hannam & Partners (buy-side)Squire Patton Boggs (buy-side) |
| Jun 2026 | Euroz Hartleys Capital Markets business | Euroz Hartleys Group | BMO Financial Group | Acquisition | Announced | 145.0 | Asset and wealth management | Grant Samuel (sell-side)Steinepreis Paganin (sell-side)Lonergan Edwards & Associates (sell-side) |
| Jun 2026 | TSB Bank | Toi Foundation | Heartland Group Holdings | Merger | Announced | – | Banking and lending | Jarden (buy-side)Chapman Tripp (buy-side)Deloitte (buy-side)EY (buy-side) |
| Jun 2026 | Australian Financial Planning Group (AFPG) | – | Kudu Investment Management | Stake | Completed | – | Asset and wealth management | MinterEllison (buy-side) |
| Jun 2026 | Drummond Capital Partners | – | Kudu Investment Management | Stake | Completed | – | Asset and wealth management | MinterEllison (buy-side) |
| Jun 2026 | Investment management business of Starz Real Estate | – | Qualitas | Acquisition | Announced | 36.5 | Asset and wealth management | Ashurst Perkins Coie (buy-side) |
| May 2026 | Abacus Storage Funds Management | Abacus Group Holdings | Abacus Storage King | Acquisition | Announced | 19.0 | Asset and wealth management | Morgan Stanley (sell-side)Allens (sell-side) |
| May 2026 | NGI Stable Growth Portfolio (portfolio of Net Revenue Share interests in 17 alternative asset managers) | Stable Asset Management LP | Navigator Global Investments | Asset sale | Completed | 264.2 | Asset and wealth management | Seward & Kissel (sell-side)MinterEllison (sell-side)Macquarie Capital (buy-side)Kirkland & Ellis (buy-side)Clayton Utz (buy-side) |
| May 2026 | TelstraSuper | – | – | Merger | Completed | – | Asset and wealth management | Allens |
| May 2026 | La Trobe Financial Group | Brookfield Asset Management | Axight | Stake | Completed | 3,000.0 | Banking and lending | Allens (buy-side) |
| Apr 2026 | Pacific Asset Management | – | Pinnacle Investment Management | Acquisition | Completed | 530.0 | Asset and wealth management | Blackpeak Capital (buy-side) |
| Apr 2026 | Paymark Limited (trading as Worldline New Zealand) | Retail International Holding S.A.S. (Worldline) | Cuscal | Acquisition | Completed | 27.0 | Payments and fintech | BofA Securities (buy-side)Bell Gully (buy-side) |
| Apr 2026 | International Insurance Brokers | – | Arthur J. Gallagher & Co | Acquisition | Announced | – | Insurance | MinterEllison (buy-side) |
| Apr 2026 | Steadfast Re broking business | – | Gallagher Reinsurance Australia | Asset sale | Completed | – | Insurance | MinterEllison (buy-side) |
| Apr 2026 | Cboe Australia | Cboe Global Markets | TMX Group | Acquisition | Completed | – | Payments and fintech | Baker McKenzie (buy-side) |
| Mar 2026 | Oracle Group | – | Count | Acquisition | Completed | 65.6 | Asset and wealth management | E&P Capital (buy-side)Baker McKenzie (buy-side) |
| Mar 2026 | Georgian | – | Navigator Global Investments | Stake | Completed | 142.5 | Asset and wealth management | Goldman Sachs (sell-side)Weil, Gotshal & Manges (sell-side)Kirkland & Ellis (buy-side) |
| Mar 2026 | Perpetual Wealth Management Group | Perpetual | Bain Capital Private Equity, LP | Acquisition | Announced | 500.0 | Asset and wealth management | Barrenjoey (sell-side)Mallesons (sell-side)Allens (buy-side) |
| Mar 2026 | Barrenjoey Capital Partners | Barclays | Magellan Financial Group | Stake | Announced | 1,616.0 | Banking and lending | Gresham |
| Mar 2026 | Arrow Funds Management | – | Centuria Capital Group (ASX: CNI) | Acquisition | Announced | – | Asset and wealth management | Mills Oakley (sell-side) |
| Feb 2026 | ClearView Wealth | – | Zurich Financial Services Australia | Scheme | Completed | – | Insurance | Greenhill (sell-side)Gilbert + Tobin (sell-side)Grant Thornton (sell-side) |
| Feb 2026 | Pepper Money | – | Challenger | Scheme | Announced | – | Banking and lending | Jefferies (sell-side)Reunion Capital Partners (sell-side)Gilbert + Tobin (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) |
| 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) |
| Jan 2026 | PIHL Holdings | – | AUB Group | Acquisition | Announced | 432.0 | Insurance | Allens (buy-side) |
| Jan 2026 | GROW | – | – | Stake | Announced | – | Payments and fintech | Highbury Partnership (sell-side) |
| Dec 2025 | Humm Group | – | Credit Corp Group | Scheme | Announced | – | Payments and fintech | Flagstaff Partners (sell-side)Macquarie Capital (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) |
| Nov 2025 | Westpac RAMS mortgage portfolio | Westpac | Pepper Money Consortium | Asset sale | Completed | – | Banking and lending | Ashurst Perkins Coie (sell-side)Mallesons (buy-side) |
| Nov 2025 | NiuPay | – | Kina Securities | Stake | Announced | 7.6 | Payments and fintech | Clayton Utz (buy-side) |
| Oct 2025 | AUB Group | – | Arbutus | Scheme | Announced | – | Insurance | Macquarie Capital (sell-side)Allens (sell-side) |
| Oct 2025 | Advantage Partners | – | Pinnacle Investment Management | Stake | Completed | 92.0 | Asset and wealth management | Blackpeak Capital (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) |
Deals come from ASX announcements, scheme booklets, prospectuses, the advisers' own deal announcements and the press. How the data is built