King & Wood Mallesons (KWM) is delighted to have advised Betashares on Temasek, the global sovereign wealth investment company, making a minority investment in Betashares.
The transaction marks the next phase of accelerated growth for Betashares, a leading Australian financial services business. The investment will assist in executing Betashares’ vision to build a leading, independent financial services business, providing a wide range of quality solutions to assist clients reach their financial goals.
The KWM team was led by Partners, David Eliakim, Matt Coull and Sarah Yu and supported by Senior Associate, Genovieve Lajeunesse together with Solicitors Naomi Synnott and Mishon Wu.
Commenting on the deal, Partner, Matt Coull said:
“It’s been a pleasure to watch Betashares continued growth over the last three years. We believe this investment from Temasek will create significant opportunities for Betashares to execute its vision and expand its operations."
Senior Associate, Genovieve Lajeunesse added:
“We are delighted to have again supported Betashares, a highly successful Australian entrepreneurial success story.
KWM continues to advise clients on market leading transactions in the financial services sector, recently advising Betashares on its acquisition of the Bendigo superannuation business.
