Enzumo To Acquire Chant West
Enzumo are pleased to announce it has entered into an agreement to acquire Chant West, an independent superannuation research and consultancy firm, for $9.5 Million.
The acquisition of Chant West brings further stability to the business following the successful listing on the Australian Securities Exchange in May this year. It will provide a strong platform for the continued expansion in the wealth management industry.
Together, Enzumo and Chant West will become a larger, more robust company underpinned by first-class technology, a blue-chip client base and healthy revenue profile.
Enzumo and Chant Wests' clients will encompass the majority of wealth management businesses in Australia, including the wealth divisions of the major banks, insurance companies and most of Australia's major superannuation funds.
For further detail on the acquisition, please download the ASX announcement above or contact us on 1300 720 276.