M&A Deal Summary

Findex Group Acquires Centric Capital

On January 12, 2014, Findex Group acquired business services company Centric Capital from CPE Capital for 130M AUD

Acquisition Highlights
  • This is Findex Group’s 1st transaction in the Business Services sector.
  • This is Findex Group’s 0th largest (disclosed) transaction.
  • This is Findex Group’s 1st transaction in Australia.

M&A Deal Summary

Date 2014-01-12
Target Centric Capital
Sector Business Services
Buyer(s) Findex Group
Sellers(s) CPE Capital
Deal Type Add-on Acquisition
Deal Value 130M AUD

Target

Centric Capital

Sydney, Australia
Centric Capital is a provider of wealth advisory and accounting services to clients who may access Centric Wealth through offices located in Sydney, Melbourne, Brisbane, Canberra. Centric Capital is based in Sydney, Australia.

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Buyer(S) 1

Buyer

Findex Group

Melbourne, Australia

Category Company
Founded 1987
Sector Business Services
DESCRIPTION

Findex Group Ltd. is a provider of integrated financial advisory and accounting services with over 110 locations and $17bn in FUM. By arming people with the necessary digital tools, we transform the financial services experience for our clients, whilst extending their access to higher quality services. Findex Group was founded in 1987 and is based in Melbourne, Australia.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Australia) 1 of 1
Year (2014) 1 of 1

Seller(S) 1

SELLER

CPE Capital

Sydney, Australia

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 3.8B USD
Size Large
Type Sector Agnostic
DESCRIPTION

CHAMP Private Equity is an Australian private equity firm focused on seed, expansion stage, and buyout investments across a range of industry sectors. CHAMP's buyout practice looks for businesses valued A$100 million and A$750 million, requiring at least A$30 million in equity capital. The Firm primarily looks for businesses operating in Australia and New Zealand. CHAMP is affiliated with New York based private equity firm Castle Harlan. CHAMP Private Equity was formed in 2000 and is based in Sydney.


DEAL STATS #
Overall 15 of 27
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 5 of 11
Country (Australia) 14 of 24
Year (2014) 1 of 1
Size (of disclosed) 9 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-30 Shelf Drilling

Dubai, United Arab Emirates

Shelf Drilling is an offshore jack-up rig operator engaged in the drilling and completion of offshore oil and gas wells. Shelf Drilling conducts drilling operations in Southeast Asia, the Middle East, India, West Africa, and North Africa / Mediterranean markets with a fleet of 37 independent-leg cantilever jack-up rigs and one swamp barge. Shelf Drilling was founded in 2012 and is based in UAE.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-05 Maia Financial

Sydney, Australia

Maia Financial offers a wide range of finance solutions for standard and specialized assets and infrastructure across a number of different sectors. Maia Financial was founded in 1989 and is based in Sydney, Australia.

Sell AU$190M