A consulting firm
rooted in Australian industry.
No. 52 Operations is a Melbourne-based consultancy advising boards, owners and investors across financial services, the Australian wine industry and agribusiness.

About No. 52 Operations.
No. 52 Operations is an independent Melbourne consulting firm working with boards, owners and investors on the decisions that shape long-horizon Australian enterprises. The practice is deliberately small, senior and unconflicted — every engagement is led by experienced practitioners, not staffed out to juniors.
We sit alongside our clients in the rooms where strategy, capital and operational reality have to be reconciled. That means clear thinking on growth and succession, disciplined advice on transactions and capital structure, and the kind of operational counsel that actually moves a business — whether it is a wine estate scaling into export markets, a pastoral enterprise navigating generational transition, or a financial services firm rethinking its distribution model.
A consultancy built around three disciplines.
Board-level advisory on growth, succession and market positioning for owner-led Australian businesses.
Independent counsel on transactions, restructuring and private capital — from family offices to institutional partners.
Embedded consulting teams that translate strategy into operating models, supply chains and export programmes.
Sectors We Consult Across
Australia Wide
Financial Advisory
Independent consulting on restructuring, debt advisory and private capital for family offices and generational enterprises.

Management & Governance
Effective management and good corporate governance — board effectiveness, oversight frameworks and operational discipline for owner-led enterprises.

Wine Industry
Commercial and export consulting for premium Australian estates scaling into Asian, European and North American markets.

Hospitality
Operating and investment counsel for venues, hotels and food and beverage groups — from concept and site strategy to margin discipline.

Agribusiness
Strategy, succession and operational advisory for large-scale pastoral and cropping enterprises across the Murray-Darling basin.

Tristan Lloyd.
Director of No. 52 Operations. Over 25 years across wealth management, investment strategy, compliance, and COO/CFO roles — with non-executive board positions spanning asset management, the wine trade and real estate.