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.

Targets
CFGI
Industry
Accounting & Tax
Location
Massachusetts, United States
Transaction Type
Growth capital

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