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New Deal


Announced

Completed

CVC Capital Partners completed the acquisition of a majority stake in Icario Partners.

Financials

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

Tags

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health and wellness

United States

Private Equity

Completed

Acquisition

Single Bidder

Cross Border

Majority

Private

it services

Friendly

IT Services: Other

Synopsis

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CVC Capital Partners, a private equity firm, completed the acquisition of a majority stake in Icario Partners, an IT services provider. Financial terms were not disclosed. “With CVC’s support, Icario is ideally positioned to bring our mission to more people through our shared vision for the business. We have been fortunate to benefit from the insight and leadership of our founders and early investors, and we look forward to our next chapter led by a team and a firm with a strong reputation for taking organizations to the next level," Steve Wigginton, Icario CEO.

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