Centralis Group Announces Majority Investment from HGGC for Strategic Growth
Centralis Group and HGGC: A Strategic Partnership
Overview of the Investment
Centralis Group, a renowned global provider of alternative assets and corporate services, has announced a significant transaction designating HGGC as its new majority investor. This partnership, expected to close by the end of 2025, follows the necessary customary closing conditions, including regulatory approvals. The details of the private transaction remain undisclosed.
About Centralis Group
Based in Luxembourg, with key locations in the United States and the United Kingdom, Centralis operates in 13 countries, delivering tailored fund administration, SPV-related services, global expansion strategies, and governance solutions to meet their clients' diverse needs. The group has built a reputation as a leader in the industry, thanks in part to its growing workforce composed of experienced and skilled professionals.
HGGC's Investment Focus
HGGC is a private equity firm specializing in transforming mid-market companies into larger enterprises through strategic partnerships. The firm is recognized for its collaborative approach, working closely with investors, employees, and management teams to drive success. They have a robust portfolio of leading companies and possess extensive expertise in scaling financial and business service companies. This partnership with Centralis is expected to enhance strategic growth, allowing HGGC to work alongside Centralis's leadership team, aiming to unlock further value and explore new business opportunities aligned with Centralis's agile and forward-thinking vision.
Statements from Leadership
HGGC expressed enthusiasm about the partnership, stating: "Centralis is known for its quality service, expertise in managing complex funds, and a wide range of solutions, all contributing to its stellar reputation and loyal customer base. We align with management on how to continue unlocking the potential the organization offers and achieving our shared vision. We welcome CEO Aidan Foley and his team to the HGGC family and look forward to future successes."
Aidan Foley, CEO of Centralis, shared his confidence in the new partnership, stating: "I am fully confident that our alliance with HGGC will support the Centralis team in our growth plans. Together, we will be well-positioned to achieve significant advancements in the Group's markets. We are excited to welcome HGGC as a partner in our business and extend our gratitude to our previous investor, staff, suppliers, and clients for their support over the last five years."
Advisory Teams
In terms of advisory support, Centralis's exclusive financial advisor for the transaction is Baird, with Reed Smith acting as the legal advisor. Other key advisors include PwC for finance, tax, operations, and IT; Oliver Wyman for commercial advisory; and Kroll for regulatory compliance. On the HGGC side, Raymond James serves as the exclusive financial advisor, while Kirkland & Ellis provides legal counsel.
Looking Ahead
This significant investment represents an opportunity for both Centralis and HGGC. As they join forces, the collaboration aims to foster innovation and accelerate growth within the ever-evolving landscape of corporate services and alternative investments. Both companies are looking forward to leveraging their combined strengths to navigate new challenges and embrace emerging opportunities in global markets.
In conclusion, as Centralis embarks on this new chapter with HGGC, the commitment to delivering exceptional value and service to clients remains paramount. This partnership is not just a financial transaction but a strategic alliance poised to shape the future trajectories of both organizations in the corporate services and investment landscape.