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Wattlestone

Who we are

Our story

Wattlestone was established in 2015 as a private holding company owned by Andrew Northcott.

Our portfolio spans across the energy, business services, agriculture, tourism, financial and real estate sectors actively acquiring and operating businesses for the long term.

The core strategy of Wattlestone is to acquire or create new opportunities that are well positioned for profitable, long term growth and success, whilst focusing on developing and aligning top tier management to ensure enduring success of each group business. Wattlestone, leverages its proven systems and processes, Wattlestone Business Systems (WBS), to gain operational efficiency and promoting real time data driven analytical decision making. Our passionate and driven community of leaders are at the center of our existence and operate in a true meritocratic environment.

The forward thinking, systemised and disciplined approach by Wattlestone drives industry leading innovation, creating significant efficiencies and low cost operating models through our group businesses with a long established reputation for an absolute focus on the customer experience whilst maintaining the absolute highest of standards of professionalism, integrity and operational excellence.

The Wattlestone management team leverages prior management experience, our proven Wattlestone Business Systems and an extensive global network to successfully perpetuate the enduring success of the group businesses.

The Story Bridge over the Brisbane River

Our people

Andrew Northcott

Andrew Northcott

Founder & Chairman

Andrew Northcott is the Founder and Executive Chairman of Wattlestone, having started and grown multiple successful ventures across workforce management, technology, agriculture, tourism, and real estate.

Andrew focuses on setting a clear vision and strategy, mapping the path from concept to outcome, and ensuring operational excellence through the ongoing development of the Wattlestone Business Systems (WBS). His approach is centred on building businesses that scale with discipline, aligning the meritocratic culture and create enduring long-term value.

Alex Dignam

Alex Dignam

Chief Executive Officer

Alex is a corporate finance and capital markets executive with 17 years experience gained through various roles at Deutsche Bank and UBS Investment Bank. His most recent role prior to joining Wattlestone was as Managing Director, Co-Head of Equity Capital Markets at UBS for Australia and New Zealand.

Throughout his investment banking career, Alex worked on over 130 transactions, advising small, mid-cap and large companies in relation to acquisitions, divestments, capital structure changes, equity and debt raisings as well as equity derivatives spanning a broad range of sectors, including industrials, financials, infrastructure, energy, resources and real estate.

Liam O’Sullivan

Liam O’Sullivan

Chief Financial Officer

Liam brings over a decade of experience in financial management and accounting to his role as CFO. His most recent role was Manager in Deals, Price Waterhouse Coopers (PWC), London where he assisted both Corporate and Private Equity by providing analytical insights across the deal lifecycle.

With a strong background in managing complex financial operations, Liam has been instrumental in driving financial strategy, ensuring compliance, and enhancing operational efficiencies across Wattlestone.

The Wattlestone Name

The Wattlestone name represents Wattlestone’s proudly Australian and Queensland home. The Golden Wattle is represented on the Australian Coat of Arms supporting our proud Australian roots and is native to South Australia the birthplace of generations of the Northcott Family with the first Queensland Wattles landing in South East Queensland just as the Northcott family landed in 1991. The Golden Wattle is the highest yielding of all Wattles and was exported to the northern hemisphere in the mid-1800s to protect the farmers assets and crops as wind breaks.

As there are many forms of valuable Stone’s, this represents the many facets of the Northcott Family’s operations with the commonality of being down to earth, strong, resilient, valuable, evolving over time and enduring.

Andrew Northcott, born in Adelaide and raised in Brisbane, began his journey working on a large cattle station north of Julia Creek before starting his first business at university with just $800 and a laptop. Today, as the founder and chairman, Andrew, alongside the great team at Wattlestone continues to develop and invest in industry leading opportunities.

Wattlestone Business Systems

The Wattlestone Business Systems (WBS) is the quiet culmination of decades of building, operating, and refining businesses from the ground up. It reflects not just hard-won experience, but a deep, ongoing curiosity—a relentless drive to learn, improve, and simplify. It is our proprietary operating framework, built to turn good businesses into enduring great ones. It brings together disciplined process, financial clarity, cultural alignment, and technology as an enabler into a way of working that is both practical and repeatable. It is more than a set of systems, it is a way of thinking—a grounded framework that brings clarity, consistency, and compounding advantage to everything we touch.

WBS creates simplicity through a complex world. It allows businesses to scale without unnecessary headcount, to adapt without losing focus, and to perform consistently year after year. The system ensures that the right people are empowered, capital is allocated with discipline, and customer insights, financial and operating data shape decision-making in real time.

What makes WBS distinct is that it is alive. It is not a manual or a piece of software, but a system that continually evolves and compounds. Structured operating rhythms and feedback loops capture improvements from the front line, while every lesson in one business becomes an uplift for all – creating a cycle of continuous learning and shared advantage across the group.

The result is a framework simple enough to apply across very different industries, yet robust enough to keep delivering results in changing conditions. Built patiently, applied deliberately, and always evolving, WBS is the quiet engine behind Wattlestone – driving scale, resilience, and long-term value creation without ever losing sight of the culture and people that make it possible.

Our vision & values

To create significant value with an emphasis on maximising the potential and ensuring the enduring success of the operating businesses and assets through a forward thinking, innovative, disciplined and meritocratic environment.

Our core values are the essence of our existence.

Enduring Success

Building something of significance that will endure.

Fly Wheel

Momentum is everything.

Excellence

We aspire to be the best at what we do.

Passion

We share a common passion and inspire each other.

Hungry & Humble

We are quietly confident and openly humble.

Partnerships

We work only with people whom we like, respect and admire.

Learning

Continuous learning and education is at our core.

Utility Generation

Remain patiently opportunistic and achieve great things.

Innovation

Innovation is core to our DNA.

More about our core values