Jarden Group Limited (JGL) today announced it has entered into an agreement with Pacific Equity Partners (PEP) to undertake a restructure of the JGL shareholder register, repositioning Jarden as a majority staff-owned independent investment and advisory business for the next phase of growth across Australia and New Zealand.
Jarden’s Executive Chair Aidan Allen said: “This is a significant moment for Jarden - putting majority ownership in the hands of the people who run and build the business, with a patient, aligned capital partner in PEP backing the next phase of growth.”
Since the FirstCape transaction in 2023, JGL’s shareholder register has been majority external - approximately 47% held by former-employee shareholders no longer connected to the business, and 30% by FirstCape-affiliated shareholders whose interests sit with the wealth management platform. The board-led restructure delivers a fit-for-purpose outcome for each of JGL’s three shareholder groups, returning Jarden to approximately 70% employee ownership of the investment bank, with PEP - a partner since its 2023 FirstCape co-investment - taking a minority, passive and blind interest in the investment bank alongside investment banking employees and a minority non-employee shareholders of JGL.
Jarden delivered record results in FY26 after material growth over the past three years. The firm holds an established leadership position in New Zealand across its advisory, equities and FICC businesses, while Australia - in only its sixth year - now contributes more than 55% of group revenue, with integrated trans-Tasman capability a key differentiator. Jarden is currently advising IFM Investors on its A$7 billion bid for Atlas Arteria, the third-largest ANZ M&A transaction year-to-date. Recent mandates include Light & Wonder’s A$8 billion ASX listing transition and US$1.1 billion Grover acquisition, the NZ$4.2 billion Fonterra Consumer sale to Lactalis, Novus’s A$1 billion build-to-rent raise, and Stockland’s data centres joint venture with EdgeConneX (backed by EQT Infrastructure).
Allen added: “We control our own destiny – decisions made by the people doing the work, capital aligned with the franchise, and PEP alongside us for the next phase of growth. We enter FY27 with record revenues, a clear runway for further growth, and a partnership culture that lets us attract and retain the talent driving this business forward.”
The restructure will be implemented by Court-approved Scheme of Arrangement - a transparent, legally supervised process requiring 75% shareholder support across each of JGL's three shareholder groups. Subject to shareholder and Court approval, completion is expected in the second half of calendar year 2026.
