Centrepoint Alliance Limited (ASX : CAF) agreed to acquire ClearView Financial Advice Pty Ltd from ClearView Wealth Limited (ASX : CVW) on August 25, 2021. Centrepoint Alliance also agreed to purchase Matrix Planning Solutions Ltd and LaVista Licensee Solutions Pty Ltd from ClearView Wealth Limited (ASX: CVW). Total consideration for all three acquisitions was AUD 15.2 million comprising of AUD 3.2 million in cash and AUD 12.0 million in escrowed CAF shares, presents significant accretive value to Centrepoint Alliance at an FY21.

ClearView's Managing Director and CEO, Simon Swanson, will join the Centrepoint Alliance Board upon completion, expected on or around October 31, 2021.