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Writer's pictureNoel Ong

Australian Wealth Advisors Group eyes acquisitions on the back of “oversubscribed” IPOs

Australian Wealth Advisors Group (ASX: WAG) successfully raised A$5 million in an oversubscribed IPO, setting the stage for its growth strategy.

Australian Wealth Advisors Group (ASX: WAG) successfully raised A$5 million in an oversubscribed IPO, setting the stage for its growth strategy. | Samso Insights on Patreon | Samso

The company is focused on expanding through acquisitions, starting with Armytage Private (ARMY) and CHPW Financial, both in the financial advice and funds management sectors. With a strong market presence and operational infrastructure, AWAG plans to capitalise on its recent IPO to drive organic growth and seek further acquisitions in financial planning and wealth management.

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