Sydney, 18 December 2024 – Mason Stevens, a leader in the wealth platform space, today announces it has entered into a binding agreement under which Adamantem Capital will acquire Mason Stevens.

Adamantem Capital is a leading Sydney based private equity firm established in 2016, with more than A$2bn in funds under management. Adamantem is attracted to the opportunity to invest in Mason Stevens, underpinned by the business’ scalable digital platform and unique value proposition, providing differentiated investment solutions for its core adviser and wealth practice customers.

The transaction is an exciting development for the business which Mason Stevens believes will deliver significant value and benefits for clients, employees and shareholders. Underpinned by a strong strategic and cultural alignment, Adamantem’s investment will allow Mason Stevens to further develop innovative solutions for advisers and wealth practices to deliver sophisticated investment offerings to their end-clients.

“We are excited to partner with Adamantem Capital, who will enable us to take our business to the next level and further our growth,” said Mason Stevens CEO Tim Yule. “This investment will allow us to accelerate our strategy, enhance our product offerings, and deliver even greater value to our clients.”

Georgina Varley, Managing Director at Adamantem Capital, said the firm is delighted to be Mason Stevens’ new growth partner: “We have admired the business for some time and are attracted to its unique and valuable digital platform and investment service offering. We are excited to partner with the Mason Stevens team and to invest behind a strong strategic growth agenda.”