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New Deal


Announced

Goldman Sachs Alternatives to acquire a 75% stake in Crystal from Seven2.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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asset management

France

Asset Managers and Custodians

Single Bidder

Acquisition

Cross Border

Private

Disposal

Pending

Majority

Private Equity

Friendly

Synopsis

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Goldman Sachs Alternatives, the alternative investments platform is part of Goldman Sachs, agreed to acquire a 75% stake in Crystal, an independent wealth management services and product provider, from Seven2, a private equity firm in Paris, France. Financial terms were not disclosed. "Crystal is an exceptional company within the attractive wealth management advice and distribution sector. We are confident GS Alternatives as a partner and investor can help further accelerate Crystal’s growth trajectory," Michele Titi-Cappelli, Goldman Sachs Alternatives Partner.

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