Zenith Investment Partners confirmed today that it has completed the acquisition of the Chant West superannuation and consultancy business from ASX listed company Chant West Holding Ltd, (ASX: CWL).
David Wright, CEO of Zenith commented, “We’re very pleased to complete our acquisition of the Chant West super and consultancy business and to welcome the Chant West team and client capabilities into the Zenith business.”
Wright added, “whilst there has been a recent delay to completion, we have retained our high confidence in the Chant West team, in the client commitment of the business and in its dedication to improving and expanding its service delivery to clients. We share that dedication and look forward to building on the opportunities that our combined group can deliver to clients and staff."
With extensive expertise across the managed funds, managed accounts, superannuation and pension sectors, the combined business will have an expanded suite of services and tools to better serve the information requirements of Australia’s personal wealth industry.
The group employs 70 staff across offices in both Sydney and Melbourne, enabling the business to be closer to more of its clients which includes a number of Australia’s largest super, pension and advice companies, along with many smaller, boutique providers located across the country. Further, it has long-established relationships with the majority of funds management firms offering investment products to local investors.