Yonder and Beyond (YNB), an Australian startup incubator, has agreed to acquire Highline Alternative Investments (HLAI), a local investment manager for family offices and other sophisticated investors.
YNB has struck a share purchase agreement with Camac Investments, HLAI’s sole shareholder.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
YNB will issue 7.5 million ordinary shares to Camac following the deal’s execution and the balance consideration depending on certain set milestones.
The company will also engage Camac director Cambell McComb as its managing director. The deal is subject to board, shareholder and regulatory approvals.
“The Share Purchase Agreement otherwise contains terms typical for an agreement of this nature, including warranties from each of the parties as to their power to enter into the Share Purchase Agreement, warranties from Mr Campbell McComb as to the business being undertaken by HLAI and provisions relating to confidentiality,” YNB noted.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
