CVC Capital Partners Acquires Significant Interest in CFGI
September 15, 2021
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.
- Buyers
- CVC Capital Partners, Carlyle
- Targets
- CFGI
- Industry
- Accounting & Tax
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
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