CC Capital to Purchase Insignia for $2.2 Billion
CC Capital Acquires Insignia Financial for A$3.3 Billion
In a significant move for the Australian wealth management sector, CC Capital has announced its acquisition of Insignia Financial for approximately A$3.3 billion (US$2.2 billion). The deal, subject to shareholder and regulatory approvals, is expected to close in the first half of 2026.
The acquisition follows a competitive bidding process, with CC Capital outperforming several global private equity firms, including Bain Capital and Brookfield Asset Management. Deutsche Bank Australia and Macquarie Capital are serving as lead financial advisors to CC Capital in this deal, with Santander, Rothschild, and Houlihan Lokey also providing financial advice.
CC Capital believes that Insignia will benefit greatly from OneIM's approach to creating long-term value for all stakeholders. Rajeev Misra, CEO and co-founder of OneIM, has stated that the CC Capital and OneIM offer would deliver attractive value to Insignia's shareholders.
The deal involves purchasing 100% of Insignia's shares for A$4.80 each, representing a 56.95% premium. Deloitte is serving as the accounting and tax advisor to CC Capital, while NMG Consulting is providing strategic commercial due diligence advice.
Legal advisors for the transaction include Ashurst LLP for CC Capital and Herbert Smith Freehills Kramer LLP for OneIM in Australia. In the United States, Skadden, Arps, Slate, Meagher & Flom LLP is representing CC Capital, and Weil, Gotshal & Manges LLP is representing OneIM. Notable partners from Skadden and Weil Gotshal are involved in the US legal teams.
CC Capital has expressed confidence in their investment acumen and long-term approach to improve member outcomes and enhance the operational trajectory of the business. The partnership with Insignia's management team is intended to help craft Insignia's next chapter of growth and unmatched member service.
Rajeev Misra looks forward to working with the CC Capital and OneIM teams to continue focusing on creating best-in-class service and outcomes for Insignia's members. CC Capital acknowledges the high duty of care required to steward a business with Insignia's rich heritage and connection to the retirement and superannuation system.
With this acquisition, Insignia Financial strengthens its position in Australia's A$4 trillion superannuation sector. Insignia Financial manages around A$330.3 billion in assets as of June 30, 2025. Chinh Chu, Senior Managing Director of CC Capital, has expressed excitement about partnering with Insignia's management team.
Scott Hartley, CEO of Insignia Financial, was not quoted in the provided paragraph.
CC Capital's acquisition of Insignia Financial, worth A$3.3 billion, signifies a major move in the Australian wealth-management sector, involving investing in and acquiring a business through private equity. The deal, facilitated by Deutsche Bank Australia and Macquarie Capital, is expected to close in the first half of 2026 with the collaboration of multiple financial advisors.
CC Capital's belief in creating long-term value for all stakeholders, as demonstrated by this investment, aligns with their wealth-management and business objectives. Rajeev Misra, a key figure in this process, anticipates the partnership to focus on delivering best-in-class service and outcomes for Insignia's members, reinforcing CC Capital's commitment to improving member outcomes and enhancing business trajectory.
