A statement from CountPlus says the transaction strengthens the team at Unite and the service they provide to the mid-north coast community.
It says the acquisition of BBV is structured as an initial cash payment of $1.445 million, with further deferred payments linked to incentive criteria in 12 and 24 months with a total maximum purchase consideration of $1.7 million.
CountPlus adds that as part of the merger, Veronica Bruce, Director at BBV, will join Victoria Studley and Hilary Acheson as a Principal and shareholder at Unite. Bruce will also become a financial adviser within Count Financial’s national advice community.
Matthew Rowe, Chief Executive Officer and Managing Director of CountPlus, says the merger is an example of the opportunities that come from the ‘Owner, Driver – Partner’ model which then leads to positive client outcomes.