Hostplus, advised by Holding Redlich, and Intrust Super Fund have officially merged, creating a superannuation giant in a deal worth $3 billion.
Firm: Holding Redlich (Hostplus).
Value: $3 billion.
Area: M&A.
Key players: The Holding Redlich team was led by partner Luke Hooper, who specialises in corporate and commercial law, superannuation, funds management and financial services.
Deal significance: As part of the acquisition, Hostplus will absorb InTrust Super’s members, employer clients and funds under management – including over 90,000 members, 25,000 employer clients, and $3 billion in funds under management.
Commenting on the deal, Mr Hooper said that “it was a privilege to act on behalf of Host-Plus on this transaction in a matter that involved a large team of superannuation, corporate/commercial and associated practice groups to help the parties reach this objective.”
Lauren is the commercial content writer within Momentum Media’s professional services suite, including Lawyers Weekly, Accountants Daily and HR Leader, focusing primarily on commercial and client content, features and ebooks. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications. Born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling.
