Sprout Agribusiness has completed the strategic acquisition of Mainland Finance, a respected regional equipment finance business, strengthening its national service offering while supporting a long-term succession plan for the Mainland Finance business.
As part of the acquisition, Mainland Finance will transition to Sprout Equipment Finance, further strengthening Sprout Agribusiness’s equipment finance capability and reinforcing its commitment to delivering independent, relationship-driven finance solutions to farming families and agribusinesses across Australia.
Sprout Agribusiness CEO Troy Constance said the acquisition was a natural fit for both businesses.
“Mainland Finance has built a trusted reputation in regional Australia, and their client-first approach aligns closely with the way we do business at Sprout Agribusiness,” Mr Constance said.
“This acquisition strengthens our equipment finance capability while broadening the solutions available to clients. It also provides a structured and practical succession pathway for the Mainland Finance business, enabling a smooth transition for its directors as they begin stepping back from day-to-day operations.”
Mainland Finance Founding Director Harold Clapham said partnering with Sprout Agribusiness provided confidence in the future of the business, its staff and clients.
“Succession planning is about ensuring continuity, for the business, the people within it and the clients it supports. Sprout understands that process because it’s part of what they do every day with farming families and regional businesses,” Mr Clapham said.
“This acquisition allows us to gradually step back knowing the business and our clients will continue to be supported, while also gaining access to a broader range of finance and advisory services.”
Operating as Sprout Equipment Finance, the business will provide clients with expanded capability across equipment finance, supported by Sprout Agribusiness’s growing national footprint.
Importantly, clients will continue to work with the same trusted team, ensuring continuity of the long-standing relationships and personalised service that have been built over many years.
Both businesses share a strong commitment to regional Australia, with a focus on long-term relationships, practical solutions and supporting the future of family-run agribusinesses.
