Seller Details
Invest Blue is a holistic financial advice and wealth solutions business. Founded in 1996, they have a long history of serving over 60,000 clients in regional and suburban areas across Australia.
Buyer Details
Since Ironbark was founded in May 2009, they have become a recognized provider of investment solutions for retail, wholesale, and institutional clients across Australia. With offices in Sydney and Melbourne, Ironbark has over $50bn funds under management, trusteeship, and advice, as at 30 June 2023.
Transaction Summary
Upon completion, the merged Ironbark and Invest Blue will create one of Australia’s largest diversified financial services company with approximately $64 billion in funds under management, trusteeship, and advice (as at 30 June 2023). It will have more than 500 employees, and offices in over 35 locations around Australia.