About This Deal

Affiliated Managers Group acquired Comvest Partners, a transaction completed in February 2020, structured as cash (terms not disclosed). The deal was a Minority-stake investment.

Comvest Partners operates in Middle-market private equity & credit, is based in West Palm Beach, FL. AMG completed a minority investment in Comvest Partners, a leading middle-market private equity and credit investment firm (completion announced February 18, 2020).

Consistent with AMG's partnership model, the Affiliate's management retains equity and operating autonomy while AMG provides permanent capital, global distribution and strategic resources.

Deal Terms

Acquirer
Affiliated Managers Group
Target
Comvest Partners
Value
Not disclosed
Date
February 2020
Type
Minority-stake investment
Status
Ready

Transaction Details

Target HQ
West Palm Beach, FL
Segment
Middle-market private equity & credit
Structure
Cash (terms not disclosed)
Announced
February 18, 2020
Closed
February 18, 2020

In Their Words

we completed minority investments in Comvest Partners, a leading middle-market private equity and credit investment firmAffiliated Managers Group, FY2020 Form 10-K

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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