Prime Financial Group Limited signed a binding agreement

Prime Financial Group Ltd (ASX: PFG) is expanding its Business Advisory & Consulting capability by acquiring the leading Australian remuneration and employee share plan administration business conducted by Equity Plan Management Pty Ltd and its associated entity Remuneration Strategies Pty Ltd.

The total consideration for the acquisition is up to AU$5.7 million, with an initial consideration of AU$ AU$2.8 million and potential deferred payments of up to AU$2.9 million to be made over two years. This acquisition aligns with Prime's growth strategy through complementary and EPS-accretive acquisitions, further expanding its Business Advisory & Consulting capability and increasing customer diversification with significant cross-sell opportunities into the broader market.

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