EU clears Aware Super, Macquarie fund's joint buyout of Australia's SERV
What's the deal? The European Commission has approved the acquisition of joint control of SERVDealroom has a profile for this one. Try Dealroom → by Australia's Aware SuperDealroom has a profile for this one. Try Dealroom → and Luxembourg-based Macquarie Global Infrastructure Fund (MGIF)Dealroom has a profile for this one. Try Dealroom →. SERV operates primarily in land titling and registration in Australia. The deal value was not disclosed.
Why now? The Commission cleared the transaction on October 13, 2026, under the EU Merger Regulation. It used the simplified review procedure, reserved for deals with limited competitive overlap.
What could go wrong? Little, on the EU front. The Commission found the deal would not raise competition concerns, citing its limited impact on the European Economic Area.
The signal: Infrastructure investors continue to target stable, essential-service assets — in this case, Australian land registries. Pairing a superannuation fund with a Macquarie-managed infrastructure vehicle reflects ongoing appetite among long-term capital for regulated, cash-generative businesses.
Read more: ieu-monitoring.com
