PPB Advisory and Litmus Group are pleased to announce the merger of the two firms has been successfully completed.

Taking effect today, the merger marks an important step in the evolution of each firm, and enables the combined entity to bring together complementary capabilities across restructuring, advisory and consulting.

The combined entity comprises a team of more than 350 professionals located in Australia, New Zealand and Singapore, supporting clients from around the world.

Stephen Purcell, PPB Advisory CEO, said the merger enables the two firms to better deliver advice and strategic outcomes that will help clients navigate critical and complex issues in an ever-changing business environment.

“Aside from managing some of Australia’s most complex turnarounds over recent years, PPB Advisory has been successful in significantly strengthening its advisory capabilities.

“The merger with Litmus Group extends the support we provide to clients and enables us to deliver solutions that integrate the specialised skills of both firms,” Stephen said.

Litmus Group partner, Julian Challingsworth, said that both firms are highly compatible in terms of capabilities and culture.

“In the lead up to the merger, clients were overwhelmingly positive about the prospect of us being able to better serve their changing needs.

“PPB Advisory and Litmus Group are recognised as leaders in their respective fields and share a desire to deliver outstanding outcomes for their clients and people.

“This underlying philosophy continues to permeate each firm and the merger enables us to carve out a unique position in the marketplace; something different and ultimately better,” Julian said.

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