CVC Capital Partners Fund VIII Acquires RGI from Corsair

Investcorp Acquires 50% Stake in Corsair's Infrastructure Business

December 11, 2023

Infrastructure

Investcorp has completed the acquisition of a 50% stake in Corsair Capital’s infrastructure business, forming a joint entity named Investcorp Corsair Infrastructure Partners to manage the business’s existing funds, investments, and team. The partnership positions Investcorp to expand into the global infrastructure asset class with a focus on transportation, logistics, and related subsectors while Corsair retains the remaining ownership and operating platform.

Investcorp Technology Partners Acquires Majority Stake in HWG

March 1, 2022

Cybersecurity

Investcorp Technology Partners has acquired a majority stake in Verona‑headquartered cybersecurity company HWG s.r.l., with HWG co‑founders Enrico Orlandi, Claudia Rangogni, Andrea Boni and Andrea Pomari remaining as shareholders and management. The investment will support HWG's continued growth in its core Italian market and its expansion into new verticals and international markets, leveraging its SOC and managed security capabilities.

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.

RGI Acquires FLEXPERTO

April 14, 2021

Cloud & SaaS

RGI, a European insurance-software leader and portfolio company of Corsair Capital, has acquired 100% of FLEXPERTO, a German SaaS provider of digital B2C communication and collaboration tools. The deal expands RGI's cloud-based offering and strengthens its presence in the DACH region while integrating FLEXPERTO's customer-communication capabilities into RGI's insurance technology ecosystem.

CI Financial Acquires Majority Interest in RGT Wealth Advisors

November 24, 2020

Wealth Management

CI Financial Corp. will acquire a majority ownership stake in RGT Wealth Advisors, a Dallas-based registered investment advisor with approximately US$4.7 billion in client assets, in a deal to be paid in cash and CI shares. The transaction, expected to close in Q4 2020 subject to regulatory and stock exchange approvals, expands CI's U.S. wealth footprint (bringing U.S. wealth assets to ~US$21 billion) while RGT principals will retain a meaningful ownership stake.

RGI Acquires NOVUM

July 30, 2019

Software

RGI, a Corsair Capital-backed provider of insurance core systems, has acquired 100% of NOVUM, a DACH-focused developer of policy administration and archiving solutions. The acquisition strengthens RGI's presence in the DACH region and expands its cloud-based policy administration and archiving capabilities while NOVUM's management will remain to continue product investments and execution plans.