Investment Summary

Legal & General Group Invests In Household Capital Pty

On March 10, 2020, Legal & General Group invested in financial services company Household Capital Pty

Investment Highlights
  • This is Legal & General Group’s 4th transaction in the Financial Services sector.
  • This is Legal & General Group’s 1st transaction in Australia.

Investment Summary

Date 2020-03-10
Target Household Capital Pty
Sector Financial Services
Investor(s) Legal & General Group
Deal Type Stake Purchase

Target

Household Capital Pty

Melbourne, Australia
Household Capital Pty Ltd. is a specialist retirement funding provider which offers long-term access to home equity, and is committed to helping retired Australians ‘Live Well At Home’, creating a balance between lifetime savings and at-retirement pension income.

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Investor(S) 1

Investor

Legal & General Group

London, United Kingdom

Category Company
Founded 1836
Sector Financial Services
Employees10,799
Revenue 20.8B GBP (2024)
DESCRIPTION

Legal & General Group is a large insurance and investment management company. Legal & General is divided into four business segments. These include Legal & General Retirement, Legal & General Investment Management, Legal & General Capital, and Legal & General Insurance. Legal & General was founded in 1836 and is based in London, England.


DEAL STATS #
Overall 9 of 9
Sector: Financial Services M&A 4 of 4
Type: Stake Purchase M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-14 Pod Point

London, United Kingdom

Pod Point Ltd. manufactures and sells public, workplace, and destination charging stations in the United Kingdom. Pod Point Ltd. has manufactured and sold over 40,000 charging points and developed one of the UK’s largest public networks, connecting EV drivers with hundreds of charging stations nationwide at locations such as Sainsbury’s and Southern Rail.

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