Ironbark acquires Sydney-based boutique family office Mercury Private

Ironbark Investment Partners has acquired Mercury Private, a Sydney-based boutique family office business managing USD1.3bn in assets, to strengthen its high-net-worth (HNW) advisory services. Mercury, founded in 2015 by Tim Eustace, caters primarily to clients in the medical, dental, and legal sectors, offering investment, tax, succession, and estate planning. The deal aligns with Ironbark’s strategy to expand its national footprint in HNW advice and leverage Mercury’s reputation for personalised service. Ironbark, which manages USD83bn across 35 locations, continues to integrate diversified brands following its 2023 merger with Invest Blue. The acquisition underscores Ironbark’s push to become a long-term leader in HNW and family office services, backed by permanent capital and a holistic approach to wealth management.