Fitzpatrick Financial Group

On the 31st of August 2017, Vantage Private Equity Growth 2 completed a $500,000 co-investment into Fitzpatrick Financial Group.

VPEG2 co-invested with Yorkway Partners in Fitzpatrick Financial Group who, together with Quadrant Private Equity, funded the acquisition of a strategic acquisition, Retirement Victoria. Yorkway and Quadrant will partner with the key management team and shareholders of Fitzpatricks including John McMurdo, Alex Hone, John Woodley and Chris Cuffe to continue growing the business.

Fitzpatricks was founded in 1987 as a financial planning group with a client-centric advice model and since then has grown to be one of Australia’s leading wealth management firms. The expanded Fitzpatricks Group will create a market leading wealth manager with over $7 billion of client funds under advice and some $1.5bn in funds under management within its fund management subsidiary, Atrium Investment Management.

The group is well capitalised and in addition to ongoing strong organic growth, Fitzpatricks will be pursuing a number of acquisitions to further accelerate growth and expand its footprint and service offering for clients.