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New Deal


Announced

Completed

Astorg-backed IQ-EQ completed the acquisition of Blue River Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

private equity fund administration

Private

tax advisory

Acquisition

Single Bidder

Asset Managers and Custodians

Majority

Friendly

United States

regulatory compliance

Private Equity

Synopsis

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Astorg-backed IQ-EQ, an investor services group, completed the acquisition of Blue River Partners, a provider of outsourced solutions to alternative asset managers including fund administration for private equity funds. Financial terms were not disclosed. “We are excited to join forces with IQ-EQ and look forward to our journey ahead. With our combined capabilities, we are perfectly positioned to provide global services and added scale to our clients, within and outside of the U.S. The opportunities available to our people, our business and our clients are significant and we look forward to making a lasting and positive impact on the alternative asset industry," Mark Fordyce, Blue River Partners CEO.

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