CVC €1.75 billion acquisition of TMF

Overview:

• CVC Capital Partners has agreed to purchase the Amsterdam-based business services TMF Group from DH Private Equity Partners for a total of €1.75 billion.
• The transaction was the first acquisition completed through CVC Capital Partners Fund VII, which closed at €16 billion in June 2017.
• The target has 125 offices in 83 jurisdictions serving more than 15,000 clients. It employs around 6,500 people.
• HSBC Bank and Goldman Sachs served as financial advisers to the TMF Group on the matter.

Jon Moore - Journalist