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Announced

Completed

Pamlico Capital completed the acquisition of a minority stake in Aite-Novarica Group.

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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advisory services

Completed

Domestic

Financial Data and Systems

Single Bidder

Private Equity

Minority

Private

Acquisition

Friendly

United States

Synopsis

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Pamlico Capital, a private equity firm, completed the acquisition of a minority stake in Aite-Novarica Group, an advisory firm providing mission-critical insights on technology. Financial terms were not disclosed. “Aite Group has had exceptional growth since our founding and has established a leading presence in the financial services sector. Joining forces with Novarica and partnering with Pamlico to further accelerate our growth trajectory is a natural next step as we seek to continually find ways to better serve our clients,” Frank Rizza, Aite Group Co-Founder.

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