find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
BOQ completes $20m acquisition

BOQ completes $20m acquisition

Bryan Pointon

Bank of Queensland has been advised on its $20 million acquisition of Centrepoint Alliance Limited’s premium funding business.

Firms: DLA Piper (Bank of Queensland); Logie-Smith Lanyon (Centrepoint Alliance Limited)

Deal: Bank of Queensland (BOQ) has acquired 100 per cent of Centrepoint Alliance Limited’s premium funding business.

Value: $20 million

Area: M&A

Key players: The legal team advising BOQ was led by DLA Piper corporate partner Lyndon Masters (pictured), with assistance from corporate partners Samantha O’Brien and Bryan Pointon, and senior associate Kelly Morrison.

Deal significance: Centrepoint Alliance Limited is an Australian network of non-institutional advisers and brokers in financial services. Its premium funding division is a leader in business insurance premium funding, originating around 30,000 new loans a year.

This transaction saw BOQ acquire 100 per cent of the business, which will form a new division within BOQ Finance.

We are delighted to act for BOQ on this transaction, which represents a strategic fit for the BOQ Finance business, as they continue to grow with specialist business segments,” said DLA Piper corporate partner Lyndon Masters.

“The acquisition will also complement their existing finance and banking product offering.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

BOQ completes $20m acquisition
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Oct 20 2017
Podcast: One of law’s most infamous alumni – in conversation with Julian Morrow
In this episode of The Lawyers Weekly Show, Melissa Coade is joined by The Chaser’s Julian Morrow....
Oct 20 2017
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Oct 20 2017
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...