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New Deal


Announced

Completed

IK Partners completed the investment in Cinerius Financial 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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Asset Managers and Custodians

asset management

Switzerland

Acquisition

Cross Border

Majority

Private

Private Equity

Friendly

Single Bidder

Completed

Synopsis

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IK Partners, a European private equity firm, completed the investment in Cinerius Financial Partners, an independent wealth management platform. Financial terms were not disclosed. "We look forward to the next chapter in our journey, drawing on IK’s extensive experience in the financial services sector. We believe that the IK team can help us realise our ambitions to further strengthen our position in the IWM marketplace through both organic and inorganic growth. We are grateful to have had the support of Summit Partners over the last two years and are pleased to see them reinvest in our dynamic company," Christoph Lieber, Cinerius Financial Partners CEO.

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