Global law firm Ashurst is advising CC Capital on the proposed A$3.3 billion equity value (A$3.9bn enterprise value) acquisition of Insignia Financial by way of scheme of arrangement.
New York-based CC Capital is a private investment firm focused on investing in and operating high-quality businesses for the long term. Melbourne-based Insignia Financial Ltd is Australia's leading diversified wealth management group with over A$321 billion in funds under management and advice.
Partner and Head of Private Capital (APAC) Anton Harris said:
"The Ashurst team is delighted to be advising CC Capital on this significant transaction. The deal represents CC Capital's first major investment into Australia"
The Ashurst team was led by partners Anton Harris and Will Mason, who were assisted by: partner Con Tzerefos (Corporate); partner Emma DeCarle (Global Loans); partner Jonathan Perkinson (Risk Advisory); and partners Jonathan Gordon and Scott Charaneka (Financial Regulation).
