AZ NEXT GENERATION ADVISORY PTY LTD

ABN 57 167 960 018 · 2 acquisitions

As Acquirer(1)

ApprovedAssessment completedWaiverCase number WA-15010

24 Mar 2026

AZ Next Generation Advisory – Intend Financial

AZ Next Generation Advisory Pty Ltd (AZ Next Generation Advisory) proposes to acquire 100% of the shares in BMM Partners Pty Ltd, trading as Intend Financial (Intend Financial). AZ Next Generation Advisory is an Australian professional services advisory company established in 2014 that owns approximately 48 financial planning and accounting businesses with operations and customers across Australia, including in Queensland, Victoria and Tasmania (where Intend Financial has a presence). AZ Next Generation Advisory has approximately 404 licensed financial planners across its network. Intend Financial is a financial planning business established in 2021 that provides financial planning services from four offices, in Victoria (Mornington and Hawthorn East), Queensland (Gold Coast) and Tasmania (Launceston), to customers across Australia. Intend Financial has 10 licensed financial planners.

Other Party(1)

ApprovedAssessment completedWaiverCase number WA-85004

27 Jan 2026

Treysta Wealth Management – Locumsgroup

Treysta Wealth Management Pty Ltd (Treysta) proposes to acquire the businesses and related assets of Locumsgroup Asset Management Services Pty Ltd, Locumsgroup Private Accounting Services Pty Limited and Locums Nominees Pty Limited (together, Locumsgroup). Treysta supplies financial planning and tax and accounting services in Sydney, Brisbane and the Gold Coast. Treysta is partly owned by a wholly-owned subsidiary of AZ Next Generation Advisory Pty Limited, which invests in small-to-medium sized financial advisory and accounting businesses. AZ Next Generation Advisory Pty Limited is a subsidiary of AZ Aust Holdings Pty Ltd, whose major shareholders are funds managed by Oaktree Capital Management LP, a global investment management firm specialising in alternative investments, and Azimut Holding S.p.a., a global asset and wealth management business listed on the Milan Stock Exchange. Locumsgroup supplies financial planning and tax and accounting services in Sydney.