Diverger Limited (ASX:DVR) and General Manager of Atkinson Saynor David Saynor acquired Atkinson Saynor Private Wealth Pty Ltd for AUD 4.3 million on July 1, 2023. Under the terms, AUD 3.2 million will be paid at completion, followed by a deferred payment of AUD 0.8 million to be paid 8 months after completion and subject to continued business performance. In addition, there is an earn-out incentive of up to AUD 0.30 million payable subject to the business achieving further client growth. Diverger Limited has acquired 55% stake while David Saynor is acquiring the remaining 45% stake.

Diverger Limited (ASX:DVR) and General Manager of Atkinson Saynor David Saynor completed the acquisition of Atkinson Saynor Private Wealth Pty Ltd on July 1, 2023.