Announced
Completed
Synopsis
Euroz, a West Australian-based provider of full-service stockbroking, investment, financial advisory, corporate finance, completed the $30m merger with Hartleys, a corporate transactions and financial advisory services provider. Hartleys owns 17% of the combined group. “Hartleys has an excellent reputation as a leading stockbroking, corporate finance, institutional and wealth management business. Combining our firms will create a dominant Western Australian based financial services company with a strong balance sheet, critical scale, solid and sustainable revenue, with significant cost and operational synergies. This transaction would bring together mutual respect and similar cultures that, if combined, will focus on delivering positive outcomes for clients and shareholders alike," Andrew McKenzie, Euroz Executive Chairman.
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