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New Deal


Announced

QSuper to merge with Sunsuper.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Australia

Pending

Private Equity

Private

superannuation fund

Majority

Merger

Friendly

Private Equity

Single Bidder

Domestic

Synopsis

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QSuper, a superannuation fund, agreed to merge with its peer Sunsuper. The transaction would create fund that has $200bn of assets under management. “This historic agreement will pave the way for the creation of an unquestionably strong superannuation fund with the scale to deliver outstanding services, greater efficiencies and lower costs for members," Don Luke, QSuper Chair and Andrew Fraser, Sunsuper Chair.

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