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EQT gets Insignia’s trustee biz, launches $125m raising

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ASX-listed EQT has cut a $135 million deal to acquire Insignia Financial’s Australian Executor Trustees, and will fund it with a $125 million equity raising.

Street Talk. Louise Kennerley

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
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

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Original URL: https://www.afr.com/street-talk/eqt-gets-insignia-s-trustee-biz-launches-125m-raising-20220822-p5bbnz