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WA-85004

Treysta Wealth Management / LocumsgroupWA-85004

View on ACCC

Processing timeline

24

days

Filed

3 Jan 2026

Notification waiver determination published

Decision

27 Jan 2026Notification waiver determination published
Type
Waiver
Outcome
Approved
Stage
Waiver application
Status
Assessment completed

Parties

Acquirer(s)

Treysta Wealth Management Pty Ltd ABN - 87 151 156 222

Target(s) or Vendor(s)

Locumsgroup Private Accounting Services Pty Limited ABN - 66 116 993 670, Locumsgroup Asset Management Pty Ltd ABN - 71 113 009 626, Locums Nominees Pty Limited ACN - 084 426 415

Other parties

AZ NEXT GENERATION ADVISORY PTY LTD ABN - 57 167 960 018

Summary

Treysta Wealth Management, backed by Oaktree Capital Management and Azimut Holding, is acquiring the financial planning and tax and accounting businesses and assets of Locumsgroup. Treysta provides these services across Sydney, Brisbane, and the Gold Coast, while Locumsgroup operates in Sydney. This is an asset sale.

Acquisition details

Treysta Wealth Management Pty Ltd ( Treysta ) proposes to acquire the businesses and related assets of Locumsgroup Asset Management Services Pty Ltd, Locumsgroup Private Accounting Services Pty Limited and Locums Nominees Pty Limited (together, Locumsgroup ). Treysta supplies financial planning and tax and accounting services in Sydney, Brisbane and the Gold Coast. Treysta is partly owned by a wholly-owned subsidiary of AZ Next Generation Advisory Pty Limited, which invests in small-to-medium sized financial advisory and accounting businesses. AZ Next Generation Advisory Pty Limited is a subsidiary of AZ Aust Holdings Pty Ltd, whose major shareholders are funds managed by Oaktree Capital Management LP, a global investment management firm specialising in alternative investments, and Azimut Holding S.p.a., a global asset and wealth management business listed on the Milan Stock Exchange. Locumsgroup supplies financial planning and tax and accounting services in Sydney.

Industry

Broad:Financial Services & InsuranceANZSIC 6419:Other Auxiliary Finance and Investment ServicesANZSIC 6932:Accounting Services

Decisions and key events

27 Jan 2026Notification waiver determination publishedAttachmentPDF150.2 KB

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