Australian independent experts
Calendar 2025 · Independent expert reports on deals announced · 44 deals · A$49bn disclosed
Columns
Every deal that counts towards this table, with the firms credited on it. Tick deals to leave them out of the ranking or to rank only those deals; the page then says the ranking is a custom view.
| Advisers | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Dec 2025 | Hartshead Resources | – | ACAM GP | Scheme | 40.0 | Completed | Oil and gas | BDO (sell-side) | ACAM GP acquisition of Hartshead Resources | |
| Dec 2025 | Winsome Resources | – | Li-FT Power | Scheme | – | Completed | Lithium and battery metals | RSM (sell-side) | Li-FT Power acquisition of Winsome Resources | |
| Dec 2025 | National Storage REIT | – | Iridium SP BidCo | Scheme | 6,700.0 | Completed | REITs and property funds | Kroll (sell-side) | Brookfield Asset Management acquisition of National Storage REIT | |
| Dec 2025 | African Gold | – | Montage Gold Corp. | Scheme | – | Completed | Gold and silver | BDO (sell-side) | Montage Gold Corp. acquisition of African Gold | |
| Nov 2025 | Qube Holdings | UniSuper | Macquarie Asset Management | Scheme | 11,700.0 | Completed | Transport and logistics | Grant Samuel (sell-side) | Macquarie Asset Management acquisition of Qube Holdings | |
| Oct 2025 | Entertainment Rewards | – | Suzerain Investments Holdings | Takeover | 28.8 | Completed | Retail and e-commerce | Leadenhall (sell-side) | Suzerain Investments Holdings acquisition of Entertainment Rewards | |
| Oct 2025 | RPMGlobal Holdings | – | Caterpillar | Scheme | 1,048.0 | Completed | Software | Grant Thornton (sell-side) | Caterpillar acquisition of RPMGlobal Holdings | |
| Oct 2025 | Toro Energy | – | IsoEnergy | Scheme | 75.0 | Completed | Uranium | BDO (sell-side) | IsoEnergy acquisition of Toro Energy | |
| Oct 2025 | Pacific Smiles Group | – | Beam Dental Bidco | Takeover | – | Completed | Hospitals, clinics and aged care | Deloitte (sell-side) | Beam Dental acquisition of Pacific Smiles Group | |
| Oct 2025 | Global Uranium and Enrichment | – | Snow Lake Resources | Scheme | 44.5 | Completed | Uranium | BDO (sell-side) | Snow Lake Resources acquisition of Global Uranium and Enrichment | |
| Sep 2025 | Seven West Media | – | Southern Cross Media Group | Scheme | 417.0 | Completed | Media, entertainment and online platforms | Lonergan Edwards & Associates (sell-side)Kroll (buy-side) | Southern Cross Media Group and Seven West Media merger | |
| Sep 2025 | 360 Capital Group | – | TT Investments | Takeover | – | Completed | Asset and wealth management | Grant Thornton (sell-side) | TT Investments acquisition of 360 Capital Group | |
| Sep 2025 | Eildon Capital Group | – | Samuel Terry Asset Management (STAM) | Takeover | – | Completed | Property development and services | Grant Thornton (sell-side) | Samuel Terry Asset Management (STAM) acquisition of Eildon Capital Group | |
| Aug 2025 | Lynch Group Holdings | – | Darwin Aus Bidco | Scheme | 270.0 | Completed | Agriculture and agribusiness | KPMG (sell-side) | Darwin Aus acquisition of Lynch Group Holdings | |
| Aug 2025 | Apiam Animal Health | – | Adamantem Capital Management | Scheme | 228.4 | Completed | Hospitals, clinics and aged care | Kroll (sell-side) | Adamantem Capital Management acquisition of Apiam Animal Health | |
| Aug 2025 | Elanor Commercial Property Fund | – | LDR Assets | Takeover | – | Completed | REITs and property funds | Kroll (sell-side) | LDR Assets acquisition of Elanor Commercial Property Fund | |
| Jul 2025 | Warriedar Resources | – | Capricorn Metals | Scheme | – | Completed | Gold and silver | BDO (sell-side) | Capricorn Metals acquisition of Warriedar Resources | |
| Jul 2025 | Mad Paws Holdings | – | Rover Group | Scheme | 62.0 | Completed | Retail and e-commerce | Stantons (sell-side) | Rover Group acquisition of Mad Paws Holdings | |
| Jul 2025 | Reef Casino Trust | Accor | Iris Cairns Property | Takeover | 192.7 | Announced | Hospitality, leisure and gaming | Lonergan Edwards & Associates (sell-side) | Iris Cairns Property acquisition of Reef Casino Trust | |
| Jul 2025 | Vonex | – | Maxo Telecommunications | Scheme | 34.1 | Completed | Telecommunications and digital infrastructure | Titan Partners Corporate Finance (sell-side) | Maxo Telecommunications acquisition of Vonex | |
| Jun 2025 | Aurumin | – | Brightstar Resources | Scheme | – | Completed | Gold and silver | BDO (sell-side) | Brightstar Resources and Aurumin merger | |
| Jun 2025 | Wesfarmers | – | – | Acquisition | – | Announced | REITs and property funds | Deloitte (sell-side) | Acquisition of Wesfarmers | |
| Jun 2025 | Johns Lyng Group | – | Pacific Equity Partners | Scheme | 1,300.0 | Completed | Engineering and construction | Kroll (sell-side) | Pacific Equity Partners acquisition of Johns Lyng Group | |
| Jun 2025 | Washington H. Soul Pattinson and Company | – | TopCo (newly established ASX-listed company) | Scheme | 14,000.0 | Completed | Listed investment vehicles | Kroll (sell-side)Lonergan Edwards & Associates (sell-side) | Brickworks and Washington H. Soul Pattinson and Company merger | |
| May 2025 | Hutchison Telecommunications (Australia) | – | Hutchison Telecommunications (Amsterdam) | Takeover | 434.3 | Completed | Telecommunications and digital infrastructure | KPMG (sell-side) | Hutchison Telecommunications (Amsterdam) acquisition of Hutchison Telecommunications (Australia) | |
| May 2025 | Renergen | – | ASP Isotopes | Scheme | – | Completed | Oil and gas | Forvis Mazars (South Africa) (sell-side) | ASP Isotopes acquisition of Renergen | |
| May 2025 | Xanadu Mines | – | Bastion | Takeover | 160.0 | Completed | Copper and base metals | BDO (sell-side) | Bastion acquisition of Xanadu Mines | |
| May 2025 | NSX | – | CNSX Markets | Scheme | – | Completed | Payments and fintech | Moore Australia (sell-side) | CNSX Markets acquisition of NSX | |
| May 2025 | Peak Rare Earths | – | Ganzhou Chenguang Rare Earths New Material Co. | Scheme | 150.5 | Completed | Rare earths, mineral sands and critical minerals | RSM (sell-side) | Ganzhou Chenguang Rare Earths New Material Co. acquisition of Peak Rare Earths | |
| May 2025 | Envirosuite | – | Ideagen | Scheme | 132.2 | Completed | Software | Grant Thornton (sell-side) | HgCapital LLP acquisition of Envirosuite | |
| May 2025 | Gold Road | – | Gold Fields | Scheme | 3,700.0 | Completed | Gold and silver | Deloitte (sell-side) | Gold Fields acquisition of Gold Road | |
| Apr 2025 | Energy Resources of Australia | – | North | Acquisition | – | Announced | Uranium | Lonergan Edwards & Associates (sell-side) | North acquisition of Energy Resources of Australia | |
| Apr 2025 | The Star | – | Bally's | Stake | 266.0 | Completed | Hospitality, leisure and gaming | Grant Samuel | Bally's stake in The Star | |
| Mar 2025 | The Reject Shop | – | Dollarama | Scheme | 259.0 | Completed | Retail and e-commerce | Kroll (sell-side) | Dollarama acquisition of The Reject Shop | |
| Mar 2025 | Donaco International | – | On Nut Road | Scheme | 55.6 | Completed | Hospitality, leisure and gaming | BDO (sell-side) | Argyle Street Management acquisition of Donaco International | |
| Mar 2025 | Engenco | – | Elph Investments | Takeover | – | Completed | Industrial products and machinery | RSM (sell-side) | Elph Investments acquisition of Engenco | |
| Feb 2025 | PointsBet Holdings | – | MIXI Australia | Scheme | 402.0 | Announced | Hospitality, leisure and gaming | Grant Samuel (sell-side) | MIXI Australia acquisition of PointsBet Holdings | |
| Feb 2025 | Domain | – | CoStar Group | Scheme | 3,000.0 | Completed | Media, entertainment and online platforms | Grant Samuel (sell-side) | CoStar Group acquisition of Domain | |
| Feb 2025 | Clean Seas Seafood | – | Yumbah Aquaculture | Scheme | 29.3 | Completed | Agriculture and agribusiness | BDO (sell-side) | Yumbah Aquaculture acquisition of Clean Seas Seafood | |
| Feb 2025 | Stunalara Metals | – | Inca Minerals | Takeover | 1.8 | Announced | Gold and silver | Moore Australia (sell-side) | Inca Minerals acquisition of Stunalara Metals | |
| Jan 2025 | Red Hawk Mining | – | Fortescue | Takeover | 254.0 | Completed | Iron ore and steel | BDO (sell-side) | Fortescue acquisition of Red Hawk Mining | |
| Jan 2025 | Dropsuite | – | NinjaOne | Scheme | 420.0 | Completed | Software | BDO (sell-side) | NinjaOne acquisition of Dropsuite | |
| Jan 2025 | Insignia | – | CC Capital | Scheme | 3,900.0 | Completed | Asset and wealth management | Kroll (sell-side) | CC Capital Partners acquisition of Insignia | |
| Jan 2025 | Quickstep Holdings | – | ASDAM | Scheme | 41.2 | Completed | Defence and aerospace | Deloitte (sell-side) | CPE Capital acquisition of Quickstep Holdings |
13 deals have no disclosed value. Methodology