CDPQ Acquires Significant Stake in ICR (Investcorp Portfolio Company)

Investcorp Invests in Berger Financial Group

July 29, 2026

Wealth Management

Investcorp, a global alternative investment firm, has invested in Berger Financial Group, Inc., a full-service wealth management platform serving individual investors and retirement savers across the United States. The investment is intended to accelerate Berger’s growth, expand capabilities, and scale the planning-first, fee-based wealth management model in a fragmented North American RIA market.

CDPQ to Acquire Innergex Renewable Energy Inc. for C$10.0 Billion

February 25, 2025

Energy

Caisse de dépôt et placement du Québec (CDPQ) has entered into a definitive agreement to acquire all issued and outstanding common shares of Innergex Renewable Energy Inc. for C$13.75 per share, implying a total enterprise value of C$10.0 billion. The transaction will take Innergex private, has unanimous support from Innergex’s board and backing from largest shareholder Hydro-Québec, and is expected to close by Q4 2025 subject to customary approvals.

CDPQ Acquires Majority Stake in Wizeline from Apax Digital Fund

September 1, 2021

IT Services

Caisse de dépôt et placement du Québec (CDPQ) has agreed to acquire a majority ownership stake in Wizeline from Apax Digital Fund, which will remain a shareholder post-transaction. The investment is intended to support Wizeline’s continued expansion of services and geographies as the company scales its digital product engineering and data capabilities.

Investcorp Acquires Investis Digital

March 30, 2021

Marketing & Advertising

Investcorp has completed the acquisition of Investis Digital from ECI Partners and a group of minority investors. Investis Digital, headquartered in London with over 500 employees across nine offices, will continue to be led by its management team which rolled a meaningful stake; Investcorp intends to support growth through M&A, product diversification and cross-selling.

Investcorp Acquires Majority Interest in CM Investment Partners

June 30, 2019

Financial Services

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.

Investcorp Acquires Mercury Capital Advisors

May 26, 2019

Financial Services

Investcorp entered into a definitive agreement to acquire Mercury Capital Advisors, a global institutional capital raising and investment advisory firm. Mercury will continue to operate independently under its current leadership; financial terms were not disclosed and the deal was expected to close in Q3 2019 subject to regulatory approvals.