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Prime Financial Group Expands Wealth Footprint with Lincoln Indicators Acquisition
6:43am on Monday 2nd of June, 2025 AEST
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Financial Services
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Prime Financial Group Expands Wealth Footprint with Lincoln Indicators Acquisition
6:43am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of 100% of Lincoln Indicators and associated intellectual property
Adds approximately 3,300 high-net-worth clients and $600 million in funds under management
Total consideration up to AUD 17.9 million, paid over three years in cash and shares
Expected annual revenue contribution of $10-11 million from FY25, EPS accretive
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