AFG Broker Investments program continues its momentum by taking a minority equity position in Melbourne-based TS Finance Broking
Australian Finance Group Ltd (ASX:AFG) today announced the acquisition of a 35% equity stake in TS Finance Broking Pty Ltd – a Melbourne-based boutique mortgage broking business specialising in residential and commercial finance.
The latest investment underscores AFG’s strategic commitment to expand and diversify its portfolio through minority stakes in high-performing, growth-focused brokerages and becomes the fifth broker business in which AFG has taken an equity investment.
Founded by Tim Sheehan, TS Finance Broking has grown into a pre-eminent boutique brokerage with a sterling reputation for servicing its customers since 2013. The AFG investment will enable TS Finance Broking to accelerate its growth plans as it seeks to scale.
AFG Chief Executive David Bailey said the company was delighted to back TS Finance Broking. “TS Finance Broking is a high-performing brokerage with a proven business model built on personalised financial advice and long-term customer relationships. We see significant potential for further growth and are excited to support their next phase of expansion.”
TS Finance Broking founder Tim Sheehan said the investment will help unlock new opportunities. “We’ve focused on building long-term relationships and maintaining deep client knowledge to manage enquiries effectively and stay proactive throughout the life of each loan. AFG’s backing will help us accelerate growth while preserving the personalised, relationship-centric approach fundamental to our success,” he said.
Launched in November 2024, AFG’s Broker Investments program has investments spread across Western Australia, Victoria, New South Wales and Queensland.
The program enables high-performing brokerages to partner with a leading aggregator, providing access to capital and strategic guidance. This enables the brokerages to accelerate growth or plan for succession, while maintaining full operational control of their business and brand.
AFG’s Broker Investments team continues discussions with brokerages nationwide and Mr Bailey reiterated AFG’s aspiration of investing in 35 high-calibre broker groups by 2029.
Published 11/12/25
