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Treysta Wealth Management – Locumsgroup

Waiver
Approved

Stage

Waiver application

Waiver Application Date

03/01/2026

Determination Published

27/01/2026 (24 cal / 11 bus. days)

Determination

Approved

Acquirers

Treysta Wealth Management Pty Ltd

ABN: 87 151 156 222

Targets

Locumsgroup Private Accounting Services Pty Limited

ABN: 66 116 993 670

Locumsgroup Asset Management Pty Ltd

ABN: 71 113 009 626

Locums Nominees Pty Limited

ACN: 084 426 415

Other parties

AZ NEXT GENERATION ADVISORY PTY LTD

ABN: 57 167 960 018

Description

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.

Timeline & Events

  • Waiver application determination: Approved

    27/01/2026

  • Merger notified to ACCC

    03/01/2026