Quintet Yorkway – acquisition of a majority stake in Northland Group
Miles Advisory Partners advised the Northland Group on the sale of a majority stake to Quintet Yorkway.
Transaction Details
Sector
Business Services
Miles Role
Sell-side advisor to the Northland Group
Deal Type
Business Divestment / Sale
Year Completed
2020
Contacts for this Transaction
Rohan Manikath
Managing Director
Overview
- Northland Group specialises in the establishment and administration of foreign superannuation funds, operating a leading foreign superannuation fund platform in the Asia-Pacific region
- The transaction saw Quintet Yorkway acquire a majority stake in the business, working with the founding family to drive further growth
- Following completion, Yorkway principals joined the Northland board, supporting expansion across the Asia-Pacific region including Australia, Singapore and New Zealand
Industry Context
Specialist financial services and wealth administration platforms have attracted private capital seeking exposure to recurring, fee-based revenue and structural demand for cross-border retirement and superannuation solutions. The foreign superannuation segment benefits from regulatory complexity and high barriers to entry, favouring established platform operators.
