An Australian advisory firm specialising in working with successful business families has been launched in Melbourne, the first of its kind to be established in the country.
Lineage Group is spearheaded by KPMG alumni Michelle De Lucia, Dominic Pelligana and Andrew Muscara, who have years of experience not only working with family businesses at KPMG but having also grown up in family businesses themselves.
The launch comes on the back of data indicating that 70 per cent of global GDP comes from family businesses, but that their contributions are often overlooked.
Lineage Group believes that family businesses are the optimal business model that deserve to be treated with respect and understanding.
“Within a large firm, we saw how family businesses can be treated like a transaction, with little investment in a relationship. The very thing that families thrive on. And so do we,” Michelle De Lucia said. “Our successful track record of delivering for families comes from taking the time to truly understand them, inside and out.”
Lineage’s founders have a close relationship with Australia’s most established and successful business families, and plan to share their collective knowledge and know-how it has accumulated from decades of experience with family businesses around Australia.
“We have the ability to connect them to opportunities and networks they couldn’t achieve on their own,” Andrew Muscara said. “Our experience strengthens families through business and business through families.”
And Dominic Pelligana added, “Nobody in the market knows family business better than us. We use our deep insights and connections to help families achieve what they want personally and commercially. We’re looking forward to operating in our new business model, offering broader and dedicated support to our business families including M&A, capital structure optimisation, strategic and financial planning, family office, philanthropy & social impact and next-generation transition and development.”
