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New Deal


Announced

GQG Partners to acquire a minority stakes in Avante Capital Partners, Proterra Investment Partners and Cordillera Investment Partners from Pacific Current Group for $71m.

Financials

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Transaction Value£55m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Private Equity

Private Equity

private equity

Acquisition

United States

Private

Pending

Friendly

Cross Border

Single Bidder

Synopsis

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GQG Partners, an investment management company, agreed to acquire a minority stake in Avante Capital Partners, Proterra Investment Partners and Cordillera Investment Partners from Pacific Current Group for $71m. “We are thrilled to announce the launch of PCS and the recruitment of the leadership team for that business. The launch of this business line, and its partnership with Avante, Cordillera, and Proterra, present a tremendous opportunity for GQG in its efforts to expand into private markets,” Tim Carver, GQG Partners CEO.

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