SCD advises Netwealth (ASX:NWL) on their acquisition of Paradino

The acquisition creates strong strategic and operational synergies that position Paradino to scale faster and extend its capabilities across the Australian financial advice market. By acquiring Paradino, Netwealth expands its digital and AI capability beyond platform administration and into the advice workflow itself, directly supporting the rollout of its Dx30 ambition. Paradino’s expertise strengthens Netwealth’s ability to deliver automated, data-driven services that improve adviser productivity, reduce administrative effort and increase capacity to serve more clients. The acquisition also creates opportunities to combine Paradino’s automation capability with Netwealth’s Unify data platform and drive further growth across the adviser value chain.

SCD advised Netwealth on deal structure and supported the company through negotiations and execution of the transaction. Our work focused on identifying the synergies available from bringing Paradino into the platform and how those were best reflected in the structure of the consideration.