CVC Invests in Dream Games as Sole Equity Partner

CVC Capital Partners and Haveli Investments Acquire Jagex from Carlyle

February 9, 2024

Media & Entertainment

CVC Capital Partners Fund VIII and Haveli Investments have agreed to acquire Jagex, the Cambridge-based developer and publisher best known for RuneScape, from The Carlyle Group. Jagex — a Games-as-a-Service leader with roughly 700 employees and millions of players across RuneScape titles — will be supported by CVC and Haveli to grow its IP, platform capabilities and global reach; terms were not disclosed (reports suggested circa £900m).

CVC Acquires Significant Stake in Epicor, Partnering with CD&R

August 13, 2024

Cloud & SaaS

Funds managed by CVC have agreed to acquire a significant ownership position in Epicor, joining existing investor Clayton, Dubilier & Rice (CD&R) as equal Board partners. Epicor — an Austin-based, industry-specific SaaS ERP provider — will continue to be led by CEO Steve Murphy as the investors support further SaaS migration, product innovation (including AI/BI capabilities) and international expansion.

KKR and CVC Acquire Superstruct Entertainment from Providence Equity Partners

June 21, 2024

Media & Entertainment

KKR has acquired Superstruct Entertainment from Providence Equity Partners, with CVC investing alongside KKR following the closing. Superstruct is a leading European live entertainment group that owns and operates over 80 music festivals across Europe and Australia; the deal positions the business for further growth, professionalisation and geographic expansion (Providence retains an option to invest €250 million).

Blackstone Tactical Opportunities Makes £140M Strategic Investment in Currencies Direct

March 8, 2022

Payments & Fintech

Funds managed by Blackstone Tactical Opportunities agreed to make a £140 million minority strategic investment in Currencies Direct, partnering with the company's management and existing sponsors Palamon Capital Partners and Corsair, who will retain a majority co-controlling stake. The capital will be used to accelerate Currencies Direct’s growth—including targeted M&A—and Blackstone will join the company's board to support expansion of its digital FX and international payments platform.

Mayfair Equity Partners Acquires Majority Stake in Jersey-based VG

July 17, 2024

Financial Services

Mayfair Equity Partners has acquired a majority stake in VG, a Jersey-based provider of private wealth, corporate and fund administration services, investing alongside VG's current management team. Crescent Capital Group's European Specialty Lending strategy provided financing to support the transaction; financial terms were not disclosed.

EQT Private Equity and Vitruvian Partners Invest in CFC

October 21, 2021

Insurance

EQT Private Equity (EQT IX) has agreed to make a significant investment in CFC alongside existing investor Vitruvian Partners and CFC management. The capital will support CFC's continued investment in technology and growth as the specialist cyber and emerging-risks insurer scales its global platform and product offering.