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CVC Capital Partners completed the acquisition of Hermes Transportes Blindados from The Carlyle Group for $400m.

Synopsis

CVC Capital Partners completed the acquisition of Hermes Transportes Blindados, a provider of cash management services, from The Carlyle Group for $400m. "This is a unique opportunity to invest in a company with an outstanding track record and proven business model. We are very impressed with the quality of the management team and their ability to continue generating significant value for shareholders. We are looking forward to continuing to support the company and its talented management team in its next phase of growth," Jean-Marc Etlin, CVC Partner.

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