CC Capital and OneIM to acquire Insignia Financial Limited for A$4.80 per share via a scheme of arrangement, a 56.9% premium to Insignia’s last undisturbed close

Transaction represents implied enterprise value of A$3.9 billion (US$2.5bn)

Insignia’s Board unanimously recommends the proposed transaction, subject to no superior proposal and an independent expert concluding the transaction is in the best interests of shareholders

NEW YORK, July 21, 2025 /PRNewswire/ — CC Capital, a private investment firm focused on investing in and operating high-quality businesses for the long term, and One Investment Management (“OneIM”), a global alternative investment manager, today announced they have entered into a Scheme Implementation Deed (“SID”) with Insignia Financial Ltd (“Insignia”) (ASX: IFL), Australia’s leading diversified wealth management group with over A$330 billion in funds under management and advice.

CC Capital

Under the SID, CC Capital and OneIM will acquire 100 percent of Insignia for A$4.80 in cash per share via a scheme of arrangement, representing an enterprise value of approximately A$3.9 bn (US$2.5bn) and a 56.9% premium to Insignia’s undisturbed share price of A$3.06 per share on 11 December 2024.

“We believe that Australia’s superannuation system is world-class in addressing the structural challenge of aging populations saving for retirement,” said Chinh Chu, Senior Managing Director of CC Capital. “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.”

OneIM’s CEO and co-founder Rajeev Misra said: “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.”

Scott Hartley, CEO of Insignia Financial, added: “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.”