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Transactions / H••• C••••••••• I•••

H••• Closes $200 Million Committed Equity Investment From G••••••• P•••• i••• i•• F•••••••• S••••••• and Asset Management Businesses

Exit to a strategic buyerclosedannounced Jun 6, 2018closed Jun 6, 2018Fact
What happened
Platform
not an add-on on record
Control
unknown
Share acquired
unknown
Industry
financial_services / financial services
Target location
unknown
Seller kind
Sponsor
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
7 named
Buy side
Sell side
  • H••• C••••••••• I••• (H•••) today announced the closing of an approximately $200 million committed minority equity investment into certain of its financial services and asset management lines of business by affiliates of G••••••• P•••• C•••••• L•• (GPC). | published on G••••••• P•••• Capital's own n
Advisory side
  • W•••••• • G••••••• L••Legal adviserconfirmed
    Paul, Weiss, Rifkind, W•••••• • G••••••• L•• served as legal counsel to H•••.
  • G•••••• P••••••Legal adviserconfirmed
    G•••••• P•••••• LLP served as legal counsel to GPC.
Side not stated
  • C•••• H•••Managementconfirmed
    “We believe that our financial services and asset management businesses are well positioned for rapid growth and scalability,” said C•••• H•••, CEO of H•••.
  • H••• Closes $200 Million Committed Equity Investment From G••••••• P•••• i••• i•• F•••••••• S••••••• and Asset Management Businesses
Evidence
H••• Closes $200 Million Committed Equity Investment From G••••••• P•••• i••• i•• F•••••••• S••••••• and Asset Management Businesses