Acquisition of 51% of SE Qld Advice Group
| Stock | Centrepoint Alliance Ltd (CAF.ASX) |
|---|---|
| Release Time | 26 Aug 2026, 7:59 a.m. |
| Price Sensitive | Yes |
Centrepoint Alliance Acquires 51% of SEQ Advice Group
- Centrepoint acquires 51% of SEQ Advice Group for $0.5m upfront
- Expected to contribute $0.6m EBITDA initially, growing to $1.9m by FY31
- Pathway for Centrepoint to increase ownership to 75% based on performance
Centrepoint Alliance Limited (ASX: CAF) has acquired a 51% controlling interest in South East Queensland Advice Group (SEQ), a growing financial advice business in Queensland. The acquisition is expected to contribute approximately $0.6 million in EBITDA (annualized) initially, with a pathway to approximately $1.9 million by FY31. The transaction is consistent with Centrepoint's strategy to increase its direct participation in financial advice earnings. The acquisition includes a pathway for Centrepoint to increase its ownership to 75% through a second tranche acquisition, subject to performance, client-transition, and succession outcomes. The acquisition is based on a valuation of 7.2x agreed maintainable EBITDA for Tranches 1 and 2. Approximately 25% ownership will remain with continuing advisers and key personnel, supporting retention, succession, and long-term alignment.
Initial EBITDA contribution $0.6m, expected to grow to $1.9m by FY31
The acquisition is expected to support Centrepoint's strategy to grow its Financial Advice business and increase its participation in recurring, high-margin advice earnings.