CC Capital and OneIM Join Forces to Enhance Australia's Wealth Management with Insignia Financial Acquisition

CC Capital and OneIM's Strategic Acquisition of Insignia Financial

In a landmark move for the Australian financial landscape, CC Capital, along with One Investment Management (OneIM), has entered into a Scheme Implementation Deed with Insignia Financial Limited, the country's leading diversified wealth management group. This partnership underscores a robust commitment to enhancing wealth management services in Australia, positioning the firms for substantial future growth.

On July 21, 2025, the announcement was made that CC Capital and OneIM will acquire 100% of Insignia for A$4.80 per share. This offer represents a premium of 56.9% over Insignia's last undisturbed closing price of A$3.06. With an implied enterprise value of approximately A$3.9 billion (US$2.5 billion), this acquisition reflects the investors' confidence in the potential of Insignia to thrive in a competitive market.

CC Capital, a private investment firm known for its focus on high-quality businesses, expressed optimism regarding the acquisition. Senior Managing Director Chinh Chu emphasized the strength of Australia’s superannuation system and its capacity to address challenges associated with an aging population. He noted that Insignia's extensive scale and brand trust in the A$4.1 trillion (US$2.7 trillion) superannuation market make it a compelling platform for growth.

OneIM’s CEO, Rajeev Misra, also expressed enthusiasm about the collaboration. The firm aims to leverage its investment expertise to create long-term value for all stakeholders involved with Insignia. The integration of Insignia's established reputation with OneIM's technological and investment sophistication is anticipated to foster continued growth and exceptional member service.

Scott Hartley, Insignia Financial's CEO, highlighted the prospective benefits for shareholders, contingent on necessary approvals. He stated that the offer would provide valuable resources and a global perspective required to enhance Insignia's strategic initiatives for its members, customers, and advisers. The planned deal aims to not only optimize shareholder value but also drive the operational enhancement of Insignia’s services.

The board of Insignia Financial has unanimously recommended that shareholders approve the transaction, pending no superior proposals arise and an independent expert concludes it serves the shareholders' best interests. The transaction is subject to routine regulatory approvals, including the Foreign Investment Review Board (FIRB) and the Australian Prudential Regulation Authority (APRA). Following shareholder voting expected in the first half of 2026, the transaction is anticipated to finalize shortly thereafter.

The detailed Scheme Implementation Deed has been lodged with the Australian Securities Exchange (ASX), and further communications regarding the transaction will follow in the upcoming Scheme Booklet expected to reach shareholders by early 2026.

As the deal progresses, CC Capital has engaged financial advisors including Deutsche Bank Australia and Macquarie Capital (Australia) Limited, while OneIM relies on advisory support from Santander, Rothschild Co, and Houlihan Lokey. Legal advisors consist of Ashurst in Australia and Skadden, Arps, Slate, Meagher & Flom LLP in the U.S., ensuring robust guidance throughout the acquisition process.

In conclusion, the partnership between CC Capital, OneIM, and Insignia Financial represents a significant milestone in Australia’s financial services sector, promising to drive growth and innovation in wealth management. Investors and stakeholders in this space will be keenly observing how this initiative unfolds and the impact it will have on the broader market.