CVC Capital Partners Acquires DIF Capital Partners and Final Stake in Glendower Capital

CVC to Merge with Glendower Capital to Create Secondaries Platform

September 13, 2021

Financial Services

CVC Capital Partners has agreed to merge with and acquire Glendower Capital to establish a strategic partnership focused on private equity secondaries, creating a combined group with approximately €113 billion in assets under management. Glendower will continue to operate under its name with its management team in place; the deal is subject to regulatory consents and was expected to close in Q4 2021 (financial terms undisclosed).

DIF Capital Partners Acquires Majority Interest in Green Street Power Partners

April 3, 2023

Renewable Energy

DIF Capital Partners agreed to acquire a majority equity interest in Green Street Power Partners, a US-based developer, financier, owner and operator of distributed generation solar projects. The investment will be executed through DIF Infrastructure VII and is intended to grow DIF's North American renewable portfolio and support Green Street's execution of its 2 GW+ pipeline.

DIF Capital Partners Acquires Majority Stake in Pinnacle Power Limited

April 5, 2023

Energy

DIF Capital Partners has signed an agreement to acquire a significant majority stake in UK district heating developer and operator Pinnacle Power Limited via its DIF Infrastructure VII fund, with Pinnacle Power management retaining a minority stake and Pinnacle Group Limited exiting as the previous shareholder. The investment will fund the development, ownership and expansion of city-scale district heating networks across the UK, supporting projects such as the Greenwich Peninsula network and accelerating the transition to low-carbon heat.

CVC DIF Acquires 49% Stake in BALANCE Erneuerbare Energien from VNG AG

April 7, 2025

Renewable Energy

CVC DIF (via the DIF Infrastructure VII fund) has agreed to acquire a 49% stake in BALANCE Erneuerbare Energien, the biogas subsidiary of Leipzig-based VNG AG, in a growth partnership to support the business’s expansion. BALANCE operates 42 biogas facilities in northern and eastern Germany (≈197 MW thermal) and supplies green energy to roughly 180,000 households; the transaction is subject to antitrust approval.

CVC Capital Partners Acquires Significant Interest in CFGI

September 15, 2021

Accounting & Tax

Funds advised by CVC Capital Partners have agreed to acquire a significant interest in CFGI, valuing the leading non-audit accounting advisory firm at approximately $1.85 billion. Existing investor Carlyle and CFGI management and partners are reinvesting alongside CVC; CFGI will remain a privately held firm under its current leadership and the deal is expected to close in Q4 2021.

CVC, Nordic Capital and ADIA Complete Acquisition of Hargreaves Lansdown

March 25, 2025

Financial Services

A consortium led by CVC and Nordic Capital, with Platinum Ivy (a wholly-owned subsidiary of ADIA), has completed the acquisition of Hargreaves Lansdown and the company has been delisted from the London Stock Exchange. The consortium said it will partner with management to accelerate Hargreaves Lansdown’s transformation plan, investing in technology, digital channels and service enhancements to improve the client proposition and drive growth in the UK wealth market.