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New Deal


Announced

Reverence Capital Partners to invest $100m in CAIS.

Financials

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Transaction Value£76m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

Friendly

Venture Capital

Pending

Private

Acquisition

Minority

Single Bidder

alternative investments

United States

Synopsis

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Reverence Capital Partners, a private investment firm, agreed to invest $100m in CAIS, an alternative investment platform. "Reverence Capital Partners has a long and successful track record as an investor in the independent wealth management community and understands the unique needs of both financial advisors and alternative asset managers. We are excited to have Reverence join our distinguished list of investors and look forward to tapping into the extensive knowledge and network that Milton and his team will bring to CAIS moving forward," Matt Brown, CAIS Founder and CEO.

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