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  5. Challenger Acquires Accurium

M&A Deal Summary

Challenger Acquires Accurium

On December 16, 2013, Challenger acquired financial services company Accurium

Acquisition Highlights
  • This is Challenger’s 2nd transaction in the Financial Services sector.
  • This is Challenger’s 2nd transaction in Australia.

M&A Deal Summary
Date 2013-12-16
Target Accurium
Sector Financial Services
Buyer(s) Challenger
Deal Type Add-on Acquisition

Target

Accurium

Hobart, Australia
Accurium (formerly Bendzulla Actuarial) provides a range of services to self-managed superannuation funds (SMSFs) in, or transitioning to, the retirement phase of superannuation.

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Buyer(S) 1

Buyer

Challenger

Sydney, Australia
Category Company
Founded 1985
Sector Financial Services
Employees506
Revenue 750M AUD (2025)
DESCRIPTION

Challenger is an listed investment management firm that provides financial security in retirement. Challenger was founded in 1985 and is based in Sydney, Australia.

DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 2 of 2
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-21 HSBC Asset Management

Sydney, Australia

HSBC Asset Management (Australia) manages wholesale and retail funds across arange of asset classes.

Buy $22M
Mergr

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