Investor buys firm

financial-planning-businesses/accountants/

25 May 2000
| By Anonymous (not verified) |

Investor Group has purchased the Cressey Lynch accounting and financial planning businesses.

Investor Group has purchased the Cressey Lynch accounting and financial planning businesses. Cressey Lynch is the largest independent firm of accountants on Queensland's Gold Coast. The firm operates a rapidly growing stand-alone finan-cial planning business, with more than $40 million funds under advice. Under the purchase arrangement, which is subject to a number of conditions, including due diligence and legal documentation, about 800,000 Investor Group shares will be issued to Cressey Lynch principals.

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