Australian Financial Planning Group secures capital for expansion

Founded in 2001, the firm will retain its independent ownership structure under the continued leadership of founder Matt Carter. The partnership provides the necessary financial runway to scale operations while maintaining the group’s existing service model, which spans financial planning, lending, and accounting. Carter noted that the deal balances the need for growth capital with the firm’s commitment to autonomy.

For Kudu, the transaction marks another move into the Australian market, which the firm views as a high-growth environment for professional advisory services. Since its inception in 2015, the New York-based investor has built a portfolio of 34 asset and wealth managers across the U.S., Canada, Europe, and Australia, overseeing approximately US$154 billion in client assets. Legal counsel for the transaction was provided by Johnson Winter Slattery for AFPG and MinterEllison for Kudu, with PwC acting as financial advisor to the Sydney firm.