CC Capital and OneIM Enter Scheme Implementation Deed with Insignia Financial Limited, Australia's Leading Diversified Wealth Management Group

• 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.

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."

The Insignia Board unanimously recommends that shareholders vote in favor of the scheme, subject to no superior proposal, and subject to an independent expert concluding that the transaction is in the best interests of shareholders.

The transaction is subject to customary regulatory and closing conditions, including approvals from the Foreign Investment Review Board ("FIRB"), the Australian Prudential Regulation Authority ("APRA"), Court and Insignia shareholders. Insignia shareholders are expected to vote on the scheme of arrangement in the first half of 2026 with the transaction to be completed shortly thereafter.

Additional information

The full SID has been filed with the ASX by Insignia. Further information regarding the transaction will be included in the Scheme Booklet expected to be mailed to shareholders in early 2026, as well as in subsequent ASX announcements made by Insignia.

Advisors

Deutsche Bank Australia and Macquarie Capital (Australia) Limited are serving as lead financial advisors to CC Capital. Santander, Rothschild & Co and Houlihan Lokey are serving as financial advisors to CC Capital in connection with the transaction. Ashurst is serving as Australian legal advisor and Skadden, Arps, Slate, Meagher & Flom LLP is serving as US legal advisor to CC Capital. Herbert Smith Freehills Kramer is serving as Australian legal advisor and Weil Gotshal & Manges LLP is serving as US legal advisor to OneIM. Deloitte is serving as accounting and tax advisor to CC Capital. NMG Consulting provided strategic commercial due diligence advice to CC Capital.

About CC Capital

CC Capital Partners is a private investment firm based in New York, NY that was founded in late 2015 with a focus on investing in and operating high-quality businesses for the long term. The firm evaluates investments anticipating a hold-period well beyond that of a typical private equity firm and funds its investments through a variety of permanent capital sources. CC Capital frequently partners with highly-seasoned executives, managers and owners seeking to create significant value post-acquisition. More information on CC Capital can be found at www.cc.capital.

About OneIM

OneIM is a global alternative investment manager that invests across the capital structure, in a range of asset classes, industries and geographies. The firm applies a flexible investment approach and focuses on creating long-term value working with exceptional partners and management teams. OneIM is sector agnostic and focuses on situations where it can leverage its cross asset class expertise and capital base to achieve differentiated risk-adjusted returns. The firm was founded in 2022 and currently manages approximately $7 billion in assets. The team operates from offices in Abu Dhabi, London, Tokyo and New York.

About Insignia

With origins dating back to 1846, today the Insignia Financial Group is a leading Australian wealth manager. Insignia Financial Ltd provides financial advice, superannuation, wrap platforms and asset management services to members, financial advisers and corporate employers.

Further information can be found at www.insigniafinancial.com.au

¹ APRA superannuation statistics for March 2025. https://www.apra.gov.au/news-and-publications/apra-releases-superannuation-statistics-for-march-2025

Media Contacts

For CC Capital:

In the US: 
Jon Keehner / Kate Thompson
Joele Frank, Wilkinson Brimmer Katcher
+1 (212) 355-4449
[email protected]

In Australia:
Jo Ball
GRACosway
Mobile: + 61 417 177 977
[email protected] 

Ben Wilson
GRACosway
+61 407 966 083
[email protected]

For OneIM:
Bree Taylor/ Alan Tovey / Ksenia Galouchko
Greenbrook
+44 207 952 2000
[email protected]

SOURCE CC Capital