CVC Capital Partners Acquires Significant Interest in CFGI
September 15, 2021
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.
- Buyers
- CVC Capital Partners, Carlyle
- Targets
- CFGI
- Industry
- Accounting & Tax
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
CVC Capital Partners Fund VIII Acquires RGI from Corsair
March 11, 2022
Software
CVC Capital Partners Fund VIII has agreed to acquire RGI, an Italian-headquartered provider of insurance software, from Corsair. CVC plans to support RGI's management in accelerating growth, further transitioning the business to cloud/SaaS and pursuing consolidation in the fragmented European insurance software market.
-
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.
-
BharCap Partners Invests in GCG Advisory Partners
September 10, 2025
Financial Services
BharCap Partners made a strategic recapitalization investment in GCG Advisory Partners, the parent of GCG Wealth Management, with GCG management rolling over significant equity. The transaction provides capital to accelerate GCG's M&A-driven acquisition strategy and Monetize & Scale platform; prior investor LNC Partners exited its investment.
-
GCG Advisory Partners Acquires Infinity Financial Partners
October 8, 2024
Financial Services
GCG Advisory Partners LLC has acquired Infinity Financial Partners LLC, a financial advisory firm managing over $230 million in client assets, adding a key office in the Atlanta area. The deal expands GCG AP’s total managed assets to more than $2.5 billion and strengthens its wealth-management capabilities, particularly in tax advice and succession planning.
-
Goldman Sachs Acquires United Capital Financial Partners
May 16, 2019
Financial Services
The Goldman Sachs Group agreed to acquire United Capital Financial Partners, Inc. for $750 million in cash. The acquisition expands Goldman's wealth management business by adding United Capital's ~220+ financial advisors, $25 billion AUM and its FinLife CX digital platform; the deal was expected to close in Q3 2019 subject to regulatory approvals.
-
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.