TA Associates has agreed to make a strategic investment in Viridian Financial Group, an Australian financial services platform managing approximately $16bn in assets across wealth management, investment solutions, and mortgage lending.

The deal, approved by Viridian’s founders, board, and senior management team, is expected to close in Q3 2025. Financial terms were not disclosed.

Headquartered in Melbourne, Viridian operates through three core divisions – Viridian Advisory, Infinity Capital Solutions, and Smartmove Lending – serving more than 15,000 clients nationwide. Since its founding in 2015, the firm has grown into one of Australia’s largest integrated financial services businesses, underpinned by a client-first approach and a strong track record in wealth advice.

TA’s investment marks a major milestone for Viridian as it prepares for its next growth phase. Raamy Shahien, Joint CEO and Executive Director, said the partnership was “both a recognition of our strong track record thus far and a catalyst for future growth,” adding that TA is “the ideal partner to support Viridian’s growth and vision moving forward.”

Glenn Calder, Joint CEO and Executive Director, noted TA’s “deep industry expertise and proven experience in scaling businesses” will be critical in helping Viridian stay agile and forward-thinking.

TA has completed over 30 global investments in wealth and asset management. The firm’s Asia-Pacific Managing Director Edward Sippel, who will join Viridian’s board, said the company stood out during TA’s multi-year review of Australia’s wealth sector. “Viridian consistently emerged as a leading innovator…driven by its compelling asset platform, diversified product offering, and strong culture of client and advisor alignment.”

Lily Xu, Senior Vice President at TA and also joining the board, added, “With multiple levers for organic growth and a proven ability to execute growth through M&A, we’re excited to support Viridian’s continued growth trajectory.”

The transaction will support Viridian’s platform expansion and M&A plans as it positions itself for long-term growth in Australia’s evolving financial landscape.

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