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New Deal


Announced

Eldridge to invest $50m in CAIS.

Financials

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Transaction Value£37m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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financial platform

Private Equity

FinTech

Domestic

Acquisition

Minority

Friendly

financial services

online financial platform

United States

Private

Single Bidder

Pending

Synopsis

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Eldridge, a holding company, agreed to invest $50m in CAIS, an alternative investment platform. The transaction is subject to FINRA approval. “This is a great time for CAIS to take in growth capital and we are honored to have Eldridge as our new shareholder and partner. CAIS has opened access to alternative investments for independent financial advisors everywhere. With the continued growth of the independent wealth management community, coupled with their increased adoption of alternative investments, this is the ideal time for CAIS to deepen our commitment to providing the best tools and solutions,” Matt Brown, CAIS Founder & CEO.

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