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Announced

Azimut Capital to acquire a minority stake in Pathlight Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For20%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

Private

Single Bidder

Minority

Consumer Lending

United States

Pending

lending

asset based loans

Acquisition

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Synopsis

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Azimut Capital, a permanent capital provider to private market-focused alternative asset managers, agreed to acquire a minority stake in Pathlight Capital, a private credit investment company. Financial terms are not disclosed. “We are excited for the opportunity to partner with Azimut through its AACP unit. They have an outstanding reputation throughout the global investment community, and we are privileged that they have selected our program for a strategic minority investment. Our relationships have been the lifeblood of our business since inception and the addition of Azimut’s networks will strengthen our market position and growth trajectory, undoubtedly bolstering value creation for our investors. We welcome the resources the partnership will provide as well as the opportunity to significantly increase our investment in current and future Pathlight investment vehicles alongside our limited partners,” Daniel Platt, Pathlight Capital CEO.

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