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AZ NGA brings in bankers as $600m sale to TA Associates dawdles

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Italian-funded accounting and financial advice firm AZ NGA has put its $600 million sale to private equity suitor TA Associates on hold. Now, it has called in bankers to help steer the company’s future.

AZ NGA was founded by Paul Barrett, who is now the company’s chief executive. Louie Douvis

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/az-nga-brings-in-bankers-as-600m-sale-to-ta-associates-dawdles-20240613-p5jlk3