CVC Capital Partners to invest in CFGI at a $1.86bn valuation.

CVC Capital Partners agreed to invest in CFGI, a full-service financial consulting and corporate finance advisory firm, at a $1.86bn valuation. Carlyle is reinvesting in the transaction in partnership with CVC. "Their ability to bring national office expertise, both for transactional and operational support, is highly compelling and we believe CFGI is uniquely positioned to continue to capitalize on the underlying market trends that drive robust demand for their services. We look forward to working closely with their world-class management team, as well as Carlyle, to accelerate the already compelling growth opportunities while continuing to focus on delivering best-in-class services to the Company's Fortune 1000 and private clients," Daniel Brand, CVC Senior Managing Director and US Co-Head of Business Services.