Pictet Alternative Advisors Acquires Pareto FM from NVM Private Equity

NVM Private Equity Completes £18m MBO of Pareto FM

March 8, 2021

Industrial Services

NVM Private Equity has completed an £18 million management buyout (MBO) of Oxfordshire-based facilities management provider Pareto FM, with funds used to buy out two founder shareholders and invest in technology to support growth. The transaction was supported by a £5 million debt package from Thincats, and NVM partners David Rolfe and Peter Hodson will join Pareto’s board to support the management team.

MAI Capital Management Acquires Pareto Wealth Management

August 9, 2022

Financial Services

MAI Capital Management, a Cleveland-area registered investment adviser, has acquired Pareto Wealth Management, a Cleveland-based wealth management team led by Sean Kriak and Joe Palko. The deal expands MAI's financial planning and wealth capabilities in Northeast Ohio; Pareto was previously a division of McDonald Partners Wealth Advisory Group.

Warburg Pincus and Great Hill Partners Invest in ParetoHealth

June 5, 2023

Financial Services

Warburg Pincus has made a significant growth investment in Pareto Health, joining existing investor Great Hill Partners (which will retain an equal stake) alongside a continuing investment from the company's management team. The capital will be used to accelerate ParetoHealth's growth and expand its employee-benefits platform that helps small and midsized employers self-insure and manage healthcare costs.

Great Hill Partners Recapitalizes Pareto Health

September 4, 2019

Insurance

Great Hill Partners completed a recapitalization of Pareto Health, a Philadelphia-based employee benefit group captive manager, to support accelerated geographic expansion, sales and marketing growth, and enhanced cost-containment capabilities. Financial terms were not disclosed; Great Hill partners Mark Taber and Rafael Cofiño joined Pareto Health's board as part of the transaction.

Parthenon Capital Acquires Majority Stake in Titan Wealth

February 21, 2023

Wealth Management

Parthenon Capital has acquired a majority stake in Titan Wealth, partnering with the management team to support further organic growth, technology investment and future M&A. The transaction delivers a partial exit for Maven's UK Regional Buyout Fund (with a material return) while existing investors including funds managed by Ares and Maven remain committed to the business.

NVM Private Equity Completes £10m MBO of Trust Systems

March 10, 2021

IT Services

NVM Private Equity has completed a £10 million management buyout of Trust Systems, a Cirencester‑based networking consultancy and managed services provider. The transaction will keep founders Tom Stone and Mike Dowson as significant shareholders while NVM will support accelerated growth, board expansion and market‑share gains in retail, transport and enterprise networks.