Investcorp Acquires Majority Interest in CM Investment Partners

June 30, 2019

Investcorp Credit Management US LLC agreed to acquire a majority ownership interest in CM Investment Partners LLC (CMIP) from funds managed by Cyrus Capital Partners and Stifel Venture Corp, with CMIP co‑CIOs Michael Mauer and Christopher Jansen retaining a minority stake. Simultaneously, Investcorp BDC Holdings Limited entered a stock purchase agreement to acquire up to 10% of CM Finance Inc. over a two‑year period; the transaction was expected to close in Q3 2019 subject to customary regulatory approvals.

Buyers
Investcorp Credit Management US LLC, Investcorp BDC Holdings Limited
Targets
CM Investment Partners LLC
Sellers
Cyrus Capital Partners, L.P., Stifel Venture Corp.
Location
New York, United States
Transaction Type
Buyout

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