Global law firm Clifford Chance has advised Australian private equity firm Pemba Capital Partners on its partnership with Hewison Private Wealth, through the acquisition of a majority stake in the business. The transaction involved complex M&A, financial services regulatory, financing and structuring considerations, requiring a coordinated, multi-disciplinary approach across several workstreams.
Mark Currell, Managing Partner, Australia, said:“We’re proud to have advised Pemba Capital Partners on this significant transaction. The deal reflects the strong investor appetite for high-quality wealth management businesses and demonstrates the increasing maturity and sophistication of transactions across Australia’s advice sector. As private capital continues to seek scalable, high-quality advice platforms, we expect to see further consolidation and strategic investment across the sector.”
Mark led the deal team with support from Sarah Jenkins, Tegan Kelly, Nimesh Kularatne and Jae-Ho Kim. Partner Elizabeth Richmond led on competition aspects, supported by Sam Frouhar, while Nikki Smythe led on financing aspects, supported by Alexander Sorgese and Anjia Zhou.
This transaction builds on Clifford Chance’s longstanding relationship with Pemba Capital Partners, including advising on its acquisition of Hunter Premium Fundingand its partnership with SuperConcepts, and further demonstrates the firm’s leading credentials advising private equity sponsors on complex transactions in the wealth management sector.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.