What Cornwalls Capital does

Cornwalls Capital is a boutique corporate finance and advisory firm operating across Australia and the broader Asia Pacific region from offices or team presences in Melbourne, Sydney, Brisbane, Singapore, Kuala Lumpur and Hong Kong. Its service offering spans investment research, capital raisings (debt and equity), mergers and acquisitions advisory, public listings (IPOs and reverse takeovers across ASX, SGX, Bursa Malaysia and other exchanges), corporate restructuring and turnaround, management buy-outs and buy-ins, debt refinancing, strategic development, and funds and wealth management. The firm positions itself around cross-border execution and serves both public corporates and private companies across sectors including agri-food, IT, e-commerce, education, fintech, FMCG, healthcare and biotech, infrastructure, logistics, manufacturing and renewables.

The firm is multi-disciplinary, with senior staff drawn from corporate law, chartered accounting, investment banking, management consulting and private equity. It is complemented by an Asia Advisory Panel of senior regional executives (including former ARA Asset Management and Fortune REIT leadership and a Crowe Global Regional Executive Director) and a strategic alliance with Crowe Global, a Top 10 accounting network spanning 28 Asia Pacific countries. The firm operates as an authorised representative of CS & Co Manager Pty Ltd (AFSL licence no. 495639) for licensed activities, with named transactions ranging from A$10m capital raisings to a A$350m subsea optic fibre network funding, alongside reverse takeovers in Singapore and Malaysia and ASX IPOs.

Revenue is generated via professional-services fees on a transaction-by-transaction basis — primarily success/advisory fees on M&A mandates, capital raisings, IPOs and restructurings, plus funds and wealth management fees. Go-to-market is high-touch enterprise advisory with no self-serve or intermediary channels; marketing relies on the website, research publications and the credibility of panel members. The legal entity structure sits under the AE Jarrah holding umbrella, with Cornwalls Capital Australia Pty Ltd as the primary Australian operating entity and Cornwalls Capital Holdings Pty Ltd (ACN 641 049 256) as the holding parent.

Name

Cornwalls Capital

Legal name

Cornwalls Capital Holdings Pty Ltd

Website

https://cornwallscapital.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Cornwalls Capital is a boutique corporate finance and advisory firm providing M&A, capital raising, IPO, restructuring and research services to enterprise clients across Australia and the broader Asia Pacific region from six offices.

Ownership category

akta.pro rank

Product category

Investment Banking & Corporate Advisory

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG), Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD)

Keywords

• Investment banking services
• Mergers and acquisitions
• Capital raising advisory
• Corporate finance advisory
• IPO advisory services

Headquarters

HQ city

Melbourne

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Capital Raisings: Advisory fees and success fees from arranging and facilitating capital raises for clients across equity and debt markets. Services include debt funding, equity funding, and growth capital for various transaction sizes.
2. Mergers & Acquisitions Advisory: Transaction-based fees from advising on divestitures, sale of equity stakes, and acquisition mandates. Includes fees for M&A transactions, management buy-outs, and management buy-ins.
3. Research Services: Fees for financial research, market feasibility studies, company research reports, business valuations, and due diligence services provided to clients.
4. Public Listings: Advisory fees for IPOs, reverse takeovers (RTO/back door listings), and public company listing services across Australian and Asian exchanges.
5. Strategic Development: Fees for corporate and capital roadmap development, strategic planning, and expansion advisory services.
6. Funds & Wealth Management: Revenue from funds management and wealth management advisory services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Cornwalls Capital is a boutique investment banking and corporate finance advisory firm providing integrated capital markets services including capital raisings (debt and equity), mergers and acquisitions advisory, IPOs and reverse takeovers, corporate restructuring, strategic development, management buy-outs/buy-ins, debt refinancing, and investment research for public and private companies across Australia and Asia Pacific markets.

Product overview

Cornwalls Capital is a financial advisory and investment banking firm offering integrated capital markets services across the Australia and Asia Pacific region. The firm operates as a unified advisory practice combining investment research, capital raisings, M&A advisory, public listings (IPO and reverse takeovers), restructuring, and strategic development services. The core offering is transaction advisory for cross-border deals, with sector expertise spanning agri-food, fintech, healthcare, infrastructure, logistics, manufacturing, and renewables. Services are delivered through a multi-disciplinary team of corporate lawyers, accountants, investment bankers, and management consultants across Melbourne, Sydney, Brisbane, Singapore, Malaysia, and Hong Kong.

Differentiator

Problem solved

Functional benefit

Products and services

• Capital Raisings Advisory service for raising debt and equity capital for public and private companies to support expansion, acquisitions, and other corporate needs across Asia Pacific.
• Mergers & Acquisitions Advisory Buy-side and sell-side M&A advisory including divestitures, acquisitions, transaction management, and cross-border deal execution across Asia Pacific markets.
• Public Listings Initial Public Offerings (IPO) and back door listings / reverse takeovers on stock exchanges in Australia, Singapore, Malaysia, and other Asia Pacific markets.
• Restructuring Corporate turnaround, distressed situation, and strategic restructuring services for underperforming companies.
• Strategic Development Corporate and capital roadmap development for strategic expansion, including cross-border transactions and strategic planning.
• Management Buy-outs & Buy-ins Facilitation of management buy-outs and management buy-ins with supporting debt funding.
• Debt Refinancing Debt refinancing services to optimize capital structure and reduce borrowing costs for clients.
• Funds & Wealth Management Fund management and wealth management advisory services for institutional and high net worth clients.
• Investment Research Financial research services including industry/market research, company research reports, feasibility studies, competition analysis, and financial due diligence.
• Financial Due Diligence Financial due diligence, business valuations, and verification of financial projections for transactions.

Quantifiable outcome

• Successfully completed transactions ranging from A$10m to A$350m across diverse sectors and markets
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Crowe GlobalcoreStrategic or Co-development PartnerCrowe Global, a Top 10 global accounting network with presence in 28 Asia Pacific countries, serves as a strategic partner. Regional Executive Director Mok Yuen Lok serves on Cornwalls Capital's Asia Advisory Panel, providing cross-border due diligence, business valuations, IPO expertise, and corporate turnaround capabilities.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Lazard: Global financial advisory and asset management firm with deep APAC presence offering M&A, capital raising, and restructuring — operates at a larger scale and broader service portfolio but overlaps with Cornwalls in mid-market cross-border advisory.
• Rothschild & Co: Global independent financial advisory group specializing in M&A, restructuring, and strategic advisory — overlaps with Cornwalls in mid-market cross-border APAC advisory, though at materially larger scale.
• KPMG Australia: Big 4 advisory practice offering M&A, deal advisory, and corporate finance services in Australia and APAC — competes with Cornwalls on mid-market mandates and provides an alternative channel for clients seeking integrated tax/audit/advisory.
• MA Moelis: Global independent investment bank with strong APAC presence and dedicated Australia operations — directly comparable service mix in M&A and capital markets advisory, though at larger scale.
• Evercore: Global independent investment banking advisory firm with strong APAC M&A franchise — competes for cross-border advisory mandates at the higher end of the market where Cornwalls also plays.

Direct peers

• Azure Capital: Australian boutique investment bank offering M&A, capital markets, and strategic advisory — directly comparable as a similar-sized APAC-focused advisory firm with overlapping client segments in mid-market transactions.
• Orior Capital: Australia-based boutique corporate advisory and investment banking firm providing M&A, capital raising, and strategic advisory — comparable in size, focus, and service mix to Cornwalls Capital.
• Quay Advisory: Boutique Australian M&A and corporate finance advisory firm with strong mid-market and cross-border capabilities — directly comparable in service mix, deal size band, and target client profile.
• Henslow: Australian mid-market corporate advisory firm offering M&A, capital markets, and strategic advisory services to public and private companies — closely matches Cornwalls' boutique positioning and APAC focus.

Emerging players

• Argyle Advisory Partners: Emerging Australian boutique advisory firm focused on M&A and capital markets — comparable in scale and service mix, with growing presence in the same mid-market and cross-border segments Cornwalls targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cornwalls Capital