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The Hindu·3 min read·medium

Ascentium Welcomes MGI Dobbyn Carafa, Strengthening Advisory Capability in Australia

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Ascentium Welcomes MGI Dobbyn Carafa, Strengthening Advisory Capability in Australia
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Ascentium has acquired the Melbourne-based accounting and advisory firm MGI Dobbyn Carafa to expand its Australian operations. The merger aims to provide integrated corporate and private client services to SME and mid-market businesses.

Why it matters

This consolidation reflects the ongoing trend of global business service platforms expanding their regional footprint through strategic acquisitions.

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MELBOURNE, Australia , July 20, 2026 /PRNewswire/ -- Ascentiu m , a lea ding global business services platform headquartered in Singapore, today announced that MGI Dob byn Carafa ("MGIDC"), a Melbourne-based multidisciplinary accounting and advisory firm, is join ing the Group as part of Ascentium Australia.

The addition of MGIDC complements the capabilities of InCorp Australia, An Ascentium Company ("InCorp Australia") , and Oxygen Priv ate Client, An Ascen tium Company ("Oxygen Priv ate Client") , advancing Ascentium's platfo rm in Australia and expanding its ability to deliver integrated advis ory, corporate and private client services.

MGIDC clients will continue working with the advisers and teams they know, now backed by a broader network of specialist expertise.

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