BlackFin Capital Partners has taken a minority stake in the MBO of French wealth management firm Groupe Cyrus.
BlackFin's investment replaced the capital provided by UI Gestion, which acquired a 30% stake for €3.3m in July 2008. The firm's management and partners have invested alongside BlackFin. Company...
Fund's predecessor, Capzanine 3, also closed on its €350m hard-cap in 2013
Deal marks the second acquisition for the GP’s third vehcle, Quadrivio Private Equity Fund 3
Deal follows a similar investment in the oil exploration business earlier this year
Adveq invests €10m, while HPE Growth Capital provided the initial €20m in May