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Transactions / C•••••••

Affiliate of P•••••• A••••• Capital Partners to Acquire C••••••• from IAC

Platform acquisitionclosedannounced Mar 2, 2026closed Mar 18, 2026Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
consumer / brand
Target location
unknown
Seller kind
Corporate parent
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
8 named
Buy side
Sell side
  • I••Sellerconfirmed
    P•••••• A••••• Capital Partners ("P•••••• A•••••"), a Los Angeles-headquartered private equity firm focused on corporate carve-outs and other complex transactions in the middle market, today announced that an affiliate of P•••••• A••••• has entered into an agreement to acquire C••••••• from IAC Inc.
Advisory side
  • M••••• • C•••••• L••Buy-side adviserconfirmed
    M••••• • C•••••• L•• served as exclusive financial advisor to P•••••• A•••••.
  • G•••••• • M••••• L••Legal adviserconfirmed
    Weil, G•••••• • M••••• L•• served as legal advisor to P•••••• A•••••.
  • J••• M••••• S••••••••• L••Sell-side adviserconfirmed
    J••• M••••• S••••••••• L•• acted as exclusive financial advisor to IAC and Latham and Watkins LLP served as legal counsel to IAC.
Side not stated
  • This transaction positions us to further invest in our platform, expand our employer partnerships, and scale efficiently while maintaining the financial discipline that has strengthened our performance," said M••••••• A••••, Chief Financial Officer of C•••••••.
  • B••• W•••••Managementconfirmed
    "C•••giving is foundational to how families live and how businesses operate," said B••• W•••••, CEO of C•••••••.
  • C•••••••Targetconfirmed
    P•••••• A••••• Capital Partners ("P•••••• A•••••"), a Los Angeles-headquartered private equity firm focused on corporate carve-outs and other complex transactions in the middle market, today announced that an affiliate of P•••••• A••••• has entered into an agreement to acquire C••••••• from IAC Inc.
Evidence
P•••••• A••••• Capital Partners ("P•••••• A•••••"), a Los Angeles-headquartered private equity firm focused on corporate carve-outs and other complex transactions in the middle market, today announced that an affiliate of P•••••• A••••• has entered into an agreement to acquire C••••••• from IAC Inc. (NASDAQ:IAC).