Converge International receives investment from the Victorian Business Growth Fund

December 2021 — Converge International has raised funds from the Victorian Business Growth Fund. The investment was managed by ROC Partners and the capital raised will be used to fund the acquisition of HeadUp Labs and support future growth.

Converge is Australia’s most established B2B workplace mental health and wellbeing service provider, enabling corporate and government organizations to provide their employees with the wellbeing support they need, reducing risk, improving employee resilience and increasing workforce participation.

Our role in the transaction

Oaklins’ team in Australia advised Converge International on their investment from the Victorian Business Growth Fund.

Service

Funding, debt advisory & ECM

Parties

“From the commencement of the engagement with Oaklins, we were delighted by the speed with which they were able to grasp Converge’s vision and strategy, understand and provide advice on the ‘buy’ vs ‘build’ options and identify highly synergistic value-adding acquisition opportunities, the best sources of capital, and act on behalf of Converge to progressively finetune the approaches and support the buy-side and investor negotiations. At all times the team provided Converge with advice that was proactive, wise, and transparent. It has been a genuine partnership which we look forward to continuing with them as we seek further M&A opportunities to support our growth.”

Terry Winters

Chairman, Converge International

Talk to the deal team

Scott McInnes

Managing Director

Melbourne, Australia
Oaklins Henslow

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