Company Interview / Next-Gen M&A stokes growth

Generation Development Group (ASX: GDG) has entered a binding agreement to acquire 100% of Evidencia Group. GDG CEO Grant Hackett joined ausbiz to discuss.

Grant says it brings the total Funds under Management of businesses under GDG to over $25 billion dollars. Moving forward, the Group will have a specific Managed Accounts branche to focus on that segment.

In the future, Grant does not rule out future M&As and says GDG already covers every category within the Managed Accounts sector, a key difference from competitors.