PAI Partners Joins Hg as Co-Controlling Investor in Azets Group
June 19, 2023
PAI Partners has agreed to invest in Azets Group, taking an equal, co-controlling stake alongside existing investor Hg. The recapitalization will support Azets’ next phase of growth — accelerating organic expansion and strategic M&A across Europe — while enabling liquidity for existing investors; Azets operates ~7,600 professionals, serves ~93,000 clients and generates ≈£700m in revenue.
- Buyers
- PAI Partners, Hg
- Targets
- Azets Group
- Industry
- Accounting & Tax
- Location
- United Kingdom
- Transaction Type
- Recapitalization
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