We advised our client Forsyth Barr on its successful purchase of Hobson Wealth, a major wealth management firm, for an undisclosed sum. The acquisition was completed on 11 December 2023.

Alongside barrister Nick Hegan, Dentons New Zealand Corporate Partner Wook Jin Lee led our team in advising Forsyth Barr on this strategic acquisition. He was supported by Senior Associates Joy Wang and Keegan Toft, and Solicitor Faye McIntosh.

Wook Jin Lee says, “We are grateful for the opportunity to work with Forsyth Barr on this strategic acquisition, which grew Forsyth Barr to a firm that manages and advises on client assets of more than NZ $30 billion. We enjoyed navigating the complexities of this deal in close partnership with our client, to deliver a successful commercial outcome.”

Simpson Grierson acted for the vendors of Hobson Wealth. 

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