CVC (via Aquilo House) Acquires 26.47% Stake in Aavas Financiers; Partners Group and Kedaara Exit

CVC, Nordic Capital and ADIA Complete Acquisition of Hargreaves Lansdown

March 25, 2025

Financial Services

A consortium led by CVC and Nordic Capital, with Platinum Ivy (a wholly-owned subsidiary of ADIA), has completed the acquisition of Hargreaves Lansdown and the company has been delisted from the London Stock Exchange. The consortium said it will partner with management to accelerate Hargreaves Lansdown’s transformation plan, investing in technology, digital channels and service enhancements to improve the client proposition and drive growth in the UK wealth market.

CVC Joins Fidelio as Investor in Odevo

August 28, 2024

Real Estate

CVC Capital Partners has agreed to join the investor group led by Swedish investment firm Fidelio and Odevo’s management team, taking a stake in tech‑enabled residential property manager Odevo. The investment (from CVC Fund IX) will support Odevo’s international growth and service innovation; closing is expected in Q4 2024 pending regulatory approval. Odevo manages over 1.4 million homes, employs more than 7,000 people and reported annual turnover of about EUR 650 million.

Valeas Capital Partners Backs Sequoia Financial Group with $200M Minority Investment

October 19, 2022

Financial Services

San Francisco-based Valeas Capital Partners has committed more than $200 million to acquire a minority stake in Akron, Ohio-based Sequoia Financial Group, joining existing minority investor Kudu Investment Management. Sequoia — which will remain majority employee-owned — will use the capital to accelerate organic and inorganic growth, invest in technology and expand client services.

CVC Capital Partners Acquires Majority Stake in Icario

May 4, 2021

Healthcare Services

CVC Capital Partners (via its CVC Growth Partners II fund) acquired a majority interest in Icario to support the company's next phase of growth and accelerate its product and go-to-market roadmap. Financial terms were not disclosed; Icario will leverage CVC's resources to scale its health action platform and expand member engagement solutions for large U.S. health plans.

Aquiline Capital Partners Acquires Avel eCare (carve-out from Avera Health); Comvest Provides Senior Credit Facility

December 8, 2021

Healthcare Services

Aquiline Capital Partners completed the acquisition (carve-out) of Avel eCare from Avera Health, creating a standalone telemedicine company. Comvest Credit Partners acted as administrative agent providing a senior secured credit facility to support the transaction and Avel eCare's growth and expansion of virtual care services.

CVC Capital Partners Acquires Majority Stake in BIP from Apax Partners

June 1, 2021

Consulting

CVC Capital Partners has agreed to acquire Apax Partners' majority stake in BIP (Business Integration Partners). The BIP founders and existing equity partners will retain significant stakes and continue to manage the group as CVC supports the firm's next phase of international growth and capability expansion.