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How Equity Story’s $4.2M Baker Young Deal Transforms Its Wealth Management Ambitions
8:43am on Monday 21st of July, 2025 AEST
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Financial Services
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How Equity Story’s $4.2M Baker Young Deal Transforms Its Wealth Management Ambitions
8:43am on Monday 21st of July, 2025 AEST
Key Points
Acquisition of Baker Young for $4.2 million including cash, earn-out, and options
Baker Young manages over $700 million in funds with $4.5 million FY24 revenue
Founders Alan Young and David Baker remain in key roles post-acquisition
Deal funded by $3 million debt facility and supported by recent strategic investments
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