Insignia Financial, one of Australia’s largest wealth management firms, has been acquired by New York-based CC Capital Partners for approximately A$3.3 billion (US$2.2 billion).
Under the agreement, CC Capital and co-investor One Investment Management will purchase 100% of Insignia’s shares for A$4.80 each, a significant premium of 56.95%. Insignia’s Board of Directors recommends that shareholders approve the deal, pending regulatory approvals from APRA, FIRB, and ACCC. The transaction is expected to close in the first half of 2026.
This acquisition follows competition from several global private equity firms, including Bain Capital and Brookfield Asset Management. As of June 30, 2025, Insignia Financial manages around A$330.3 billion in assets, strengthening its position in Australia’s A$4 trillion superannuation sector.
Advisors: Deutsche Bank Australia and Macquarie Capital are serving as lead financial advisors to CC Capital. Santander, Rothschild, and Houlihan Lokey are serving as financial advisors to CC Capital in connection with the deal. Ashurst is serving as the Australian legal advisor, and Skadden, Arps, Slate, Meagher & Flom is serving as the US legal advisor to CC Capital. Herbert Smith Freehills Kramer is serving as the Australian legal advisor, and Weil Gotshal & Manges LLP is serving as the US legal advisor to OneIM. Deloitte is serving as the accounting and tax advisor to CC Capital. NMG Consulting provided strategic commercial due diligence advice to CC Capital.
KEY QUOTES:
“We believe that Australia’s superannuation system is world-class in addressing the structural challenge of aging populations saving for retirement. Insignia’s scale, trusted brands, and deep relationships across the A$4.1 trillion (US$2.7 trillion) superannuation market1 make it a compelling long-term platform for growth. We recognize the high duty of care required to steward a business with Insignia’s rich heritage and connection to the retirement and superannuation system, and we are confident that our investment acumen and long-term approach will position us to improve member outcomes and further enhance the operational trajectory of the business.”
Chinh Chu, Senior Managing Director of CC Capital
“We are excited to partner with Insignia’s management team to help craft the company’s next chapter of continued growth and unmatched member service. We believe Insignia will benefit from OneIM’s approach to creating long-term value for all stakeholders as we help combine Insignia’s history of excellence with technological and investing expertise.”
OneIM’s CEO and co-founder Rajeev Misra
“Subject to shareholder and regulatory approvals, the CC Capital and OneIM offer would deliver attractive value to our shareholders, while providing the resources and global perspective needed to accelerate our strategic agenda for members, customers and advisers. I look forward to working with the CC Capital and OneIM teams to continue our focus on creating best-in-class service and outcomes for our members.”
Scott Hartley, CEO of Insignia Financial
