IK Partners (“IK”) is pleased to announce that the IK Small Cap IV Fund (“IK SC IV”) has acquired a majority stake in Domek Group (“Domek” or “the Group”), a leading Dutch financial services intermediary focused on serving non-native communities in the Netherlands, Belgium and Germany. IK has invested in the Group from its dedicated pool of Development Capital, acquiring its stake from Capital A and partnering with Domek’s founders and management team, who have significantly reinvested as part of the transaction. Financial terms of the transaction have not been disclosed.

Founded in 2011 and based in ‘s-Hertogenbosch, the Netherlands, Domek has built a differentiated, multi-language platform offering a comprehensive suite of financial services products, including Property & Mortgage Advisory, Property & Casualty Insurance Brokerage, Life Insurance Brokerage, as well as Leasing & Lending solutions. The Group primarily serves non-native customers, addressing structural barriers to accessing financial services such as language constraints and local market complexity. Domek operates predominantly in the Netherlands but has recently expanded into Belgium and Germany. The Group has approximately 100 employees, serving over 40,000 clients across 12 different languages.

As a one-stop shop, Domek prides itself on supporting clients through every stage of their financial lives, from buying their first car to purchasing a property to taking out insurance. As such, the Group benefits from a unique market position, resulting in a loyal customer base, high customer lifetime value and a strong ability to cross-sell its products.

With the support of IK, Domek will accelerate its next phase of growth by introducing additional languages to its offering, launching adjacent service lines and pursuing further geographic expansion, alongside continued investment in technology and data-driven marketing. The Group will also selectively explore inorganic growth opportunities to broaden its platform, drawing on IK’s extensive and relevant experience in supporting Insurance and Financial Services companies, such as Yellow Hive (Benelux) and Ascentiel Group (France).

Dirk Swinkels, Founder and CEO of Domek, said: “Since founding Domek, our mission has been to remove barriers and make financial services products accessible to people who are often overlooked by traditional providers. Partnering with IK is a strong endorsement of our strategy, people and culture, with its team bringing deep sector expertise and a long-term mindset. My team and I look forward to working with them to further advance the Group’s growth while staying true to the values that define it. I would also like to thank the team at Capital A for their support over the past five years.”

Onne Tjerkstra, Partner at IK and Advisor to the IK SC IV Fund, commented: “Domek is a high-quality, founder-led business with a compelling and socially relevant proposition, addressing a structurally underserved segment of the Financial Services market. The Group combines strong growth and a differentiated, scalable platform with an exceptional level of customer trust. We are very pleased to partner with Dirk and his team to support Domek’s continued development.”

Friso Janmaat, Managing Partner at Capital A, added: “We are very proud of all that Dirk, Ilona and their team have achieved over the past five years and we thank them for trusting us during a pivotal point in Domek’s journey. We are confident that IK is the right partner to support the Group in the next phase of its growth and we wish them, together with Dirk and his team, all the very best for the years ahead.”

If you have any further questions, please contact:

Domek Group
Merijn Contant
Phone: +31 6 517 95 302
Merijn@domek.nl

IK Partners
Vidya Verlkumar
Phone: +44 (0) 7787 558 193
vidya.verlkumar@ikpartners.com

Capital A
Friso Janmaat
Phone: +31 6 517 6360
friso.janmaat@capitalapartners.nl

About Domek Group

Domek Group (“Domek” or “the Group”) was founded in 2011. Over the past 15 years, the Group has grown to become the market leader in mortgages and insurance for non-native speakers living in the Netherlands, Belgium and Germany. With over 100 employees, Domek provides its financial services both online and through its office in ‘s-Hertogenbosch. For more information, visit domek-group.com

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About IK Partners

IK Partners (“IK”) is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €20 billion of capital and invested in over 210 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit ikpartners.com IK is an affiliate of Wendel. For more information, visit wendelgroup.com

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About Capital A

Capital A is one of the longest standing private equity firms in the Netherlands with a focus on investing in fast growing (both organically as acquisitively) companies in the Benelux. Having started in the 80s as an ABN AMRO investment fund focused on SMEs, Capital A since developed itself into an independent private equity firm backed by investors like Five Arrows, Alpinvest, Bregal, LGT and the Capital A team itself. From its offices in Amsterdam, Antwerp and Frankfurt, Capital A manages approximately EUR 1.5bn of assets under management and has a portfolio of over 30 companies active throughout Europe. For more information, visit capitalapartners.nl

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Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

 

Mumbai, India, February 10, 2026 – Edelweiss Financial Services Limited (Edelweiss) and global investment firm The Carlyle Group (NASDAQ: CG) today announced that investment funds affiliated with Carlyle will acquire a strategic majority stake in Nido Home Finance Limited (Nido), a wholly-owned subsidiary of Edelweiss. As part of the transaction, investment funds affiliated with Carlyle Asia Partners (CAP) will invest INR 2,100 Cr (approximately USD 230M), which includes acquiring a 45% stake in Nido from Edelweiss through a secondary purchase and a primary equity capital infusion of INR 1,500 Cr (approximately USD165M) in Nido.

 

Established in 2010, Nido is one of India’s leading housing finance companies, providing home loan solutions to customers across the affordable housing and mass-market segments. With a robust presence across the country, Nido operates a large network of branches, serving over 800 talukas (sub-districts) in India, and currently manages an AUM of INR 4,804 Cr (approximately USD530M).

 

The transaction seeks to create a win-win opportunity for all stakeholders by bringing additional capital and operational expertise to better serve the affordable housing segment, predominantly in the rural and semi-urban markets in India, a key priority for the Indian government. Housing finance is an important pillar of India’s growth, underpinned by structural demand, policy support, and a deepening formal credit ecosystem. For Edelweiss, the partnership seeks to advance its objective of creating and unlocking value in its businesses, while reinforcing Nido’s growth momentum through the infusion of fresh growth capital. 

 

For Carlyle, the investment reflects its continued commitment to supporting India’s high-growth housing finance sector and builds on its more than two decades of deep expertise, operating capabilities and strong track record investing in India’s financial services sector, including in housing finance businesses such as PNB Housing Finance Limited (PNBHF) and Housing Development Finance Corporation (HDFC). Aditya Puri, Senior Advisor to Carlyle in Asia, and former CEO and Managing Director of HDFC Bank, will also participate as an investor, underscoring the strategic importance of the investment.

 

Rashesh Shah, Chairman & MD, Edelweiss, said: “The investment by Carlyle in Nido is a key milestone and brings in a high-quality, long-term partner to accelerate Nido’s next phase of growth. At a time when India’s housing finance sector is witnessing strong structural demand, supported by rising affordability and deeper access to formal credit, Nido is well-placed to participate meaningfully in this opportunity. I have deep respect for the financial services franchise that Carlyle has built over many years in India and am very excited that they will be partners to help Nido in its next stage of scale-up. Nido has built a strong, purpose-led franchise in affordable housing finance, and I am confident that this combination of strong leadership and capital will help accelerate expansion and create enduring value for all stakeholders.” 

 

Sunil Kaul, Partner and Asia Financial Services Sector Lead, Carlyle, said: “We are thrilled to partner with Edelweiss to support the next phase of Nido’s growth journey. Housing remains a critical national priority for India, and we have strong conviction in the growth potential of the housing finance industry. We are excited to build on our extensive experience in financial services and housing finance to help Nido scale its operations and serve the expanding needs of affordable housing segments in the rural and semi-urban markets. Additionally, we look forward to leveraging our operational experience to support Nido in strengthening its governance and risk management frameworks for long-term sustainable growth and success.”

 

Closing note: The transaction is subject to regulatory approvals of the Reserve Bank of India, National Housing Bank, Competition Commission of India, and other condition precedents customary to a transaction of this nature. AZB & Partners acted as legal advisors to Edelweiss, and Trilegal acted as legal advisor to Carlyle. Edelweiss will provide further updates in due course.

 

About Edelweiss Financial Services 

Edelweiss is a diversified financial services company with seven independent and well-governed businesses. The businesses include Alternative Asset Management, Mutual Fund, Asset Reconstruction, NBFC, Housing Finance, General Insurance and Life Insurance. The businesses have robust operating platforms, dedicated management teams and strong boards that ensure the highest standards of governance. Edelweiss employs nearly 6,000 people, serves around 1.3 Crore customers, and manages around INR 2,45,000 Crores worth of assets.

Edelweiss Financial Services trades under the symbols NSE: EDELWEISS, BSE: 532922, Reuters: EDEL.NS and EDEL.BO and Bloomberg: EDEL IS and EDEL IB. To learn more about Edelweiss, please visit www.edelweissfin.com.

 

Edelweiss Financial Services Limited Corporate Identity Number: L99999MH1995PLC094641 

 

Edelweiss Social media handle:

X: @EdelweissFin |  LinkedIn:  Linkedin.com/company/edelweissfin

 

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $477 billion of assets under management as of December 31, 2025, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,500 people in 27 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

 

For more details please contact:

 

Edelweiss

media.queries@edelweissfin.com

 

Concept PR

Archana Parthasarthy

+91 9920940003

archana@conceptpr.com 

 

 

 

 

 

 

 

Carlyle

Lonna Leong

+852 9023 1157

lonna.leong@carlyle.com

 

Adfactors PR 

Manibalan Manoharan

+91 9833949919

manibalan.manoharan@adfactorspr.com

Trustmoore (“the Company”), an international fund and corporate services provider, today announces that it has entered into a strategic partnership with IK Partners (“IK”), a leading European private equity firm. IK will invest in the Company through its IK Small Cap IV Fund (“IK SC IV”), acquiring a majority stake. The active founders will reinvest significantly in the business alongside the existing management team. Financial terms of the transaction have not been disclosed and completion is subject to regulatory approvals.

Founded in 2005 and headquartered in Amsterdam, the Netherlands, Trustmoore is a boutique Fund and Corporate Services platform offering a comprehensive range of integrated solutions across four core areas: Fund Services, Corporate Services, Capital Markets and Private Clients. The Company benefits from strong competitive positioning and a well-established reputation for delivering high-quality, client-centric services.

Trustmoore serves a loyal and diversified base of reputable clients across 10 jurisdictions, with a substantial presence in Luxembourg and the Netherlands. The Company currently employs over 275 professionals across its offices and provides services to over 850 client groups.

A strategic step to support long-term growth

As client requirements continue to evolve, Trustmoore recognises the importance of partnering with an investor that shares its long-term vision as well as a commitment to delivering high-quality services and investing in its people.

Through its partnership with IK, the Company will be able to accelerate its development, building on strong organic momentum and executing targeted add-on acquisitions to enhance its capabilities and expand its service offering. Leveraging IK’s extensive experience in Financial Services and its proven track record of successfully executing buy-and-build strategies, built through a range of  partnerships including with  Vistra Group (Benelux), Advisense (Nordics), Qconcepts (Benelux), Dains (UK), Valoria Capital (France), Aspia (Nordics) and Yellow Hive (Benelux), Trustmoore is also well positioned to capitalise on opportunities within the growing global funds, corporate services and capital markets industry. Alongside this, the Company will continue to invest in its people, processes and technology.

Continuity for clients

Continuing to operate under its existing brand, strategy and leadership, with day-to-day services and client teams remaining unchanged, Trustmoore’s boutique mindset and client-first approach will be maintained. For clients, the partnership with IK is intended to reinforce the Company’s ability to deliver consistently high-quality, personal service, while providing greater capacity to support clients as they grow and face increasing complexity.

Steven Melkman and Roland Beunis, Founders of Trustmoore said “Over the past 20 years, Trustmoore has grown into a differentiated platform built on specialist expertise, personal service and a strong boutique mindset. As our clients’ needs continue to evolve and the market consolidates, it was important for us to find a partner that shared our long-term vision, commitment to quality and client-first approach. In IK, we have found exactly that. Its deep sector expertise and proven track record of supporting Financial Services businesses make IK the right partner to support the next phase of Trustmoore’s growth, while continuing to invest in our people and platform.”

Wouter Plantenga, CEO of Trustmoore, added: “Partnering with IK supports our ambition to build a stronger, more scalable platform while preserving Trustmoore’s core strengths. IK’s investment will enable us to further grow our organisation and significantly expand our capabilities and capacity. As a result, we will be even better positioned to support clients through growth, increasing regulatory complexity and cross-border activity, while maintaining the personalised service and specialist expertise they expect from Trustmoore. I look forward to working with the IK team during the next phase of our Company’s journey”.

Onne Tjerkstra, Partner at IK and Advisor to the IK SC IV Fund, commented: “Trustmoore has developed a high-quality platform that combines specialist expertise with a strong focus on personalised service across its core markets. We have been impressed by the founders’ strategic vision, the strength of the management team and the Company’s ability to grow organically against a backdrop of increasing regulatory complexity, while expanding into new jurisdictions and service lines. We look forward to partnering with the founders, Wouter and their team to support Trustmoore through its next phase of growth, capitalising on structural market tailwinds, executing an accelerated buy-and-build strategy and driving continued operational excellence.”

If you have any further questions, please contact:

Trustmoore
Pieter Ottevanger
Phone: +31 20 471 2707
pieter.ottevanger@trustmoore.com

IK Partners
Vidya Verlkumar
Phone: +44 (0)7787 558 193
vidya.verlkumar@ikpartners.com

Singapore / Hong Kong, December 17, 2025 – Warburg Pincus, the pioneer of global growth investing, today announced that it has signed an agreement to invest in Acclime, a leading provider of corporate and business services across Asia Pacific. Through this transaction, Warburg Pincus seeks to leverage its global track record in building leading business services platforms to support Acclime’s next phase of growth, international expansion, and innovation.

Founded in 2019 by industry veteran Martin Crawford, Acclime was established with a clear vision: to build a truly integrated professional services platform capable of supporting businesses operating across Asia’s most complex and fast-growing markets. From its inception, Acclime differentiated itself through a partner-led model that combines deep local expertise with global standards, enabling the firm to scale rapidly while maintaining strong governance, accountability, and client focus.

Since its founding, Acclime has executed an ambitious and disciplined growth strategy, completing more than 50 acquisitions to build a platform spanning 18 markets and employing more than 2,000 professionals. The firm today serves over 17,000 clients—including subsidiaries of multinational corporations expanding into Asia Pacific, regional businesses, family offices, private capital firms, and high-growth companies—with a comprehensive suite of services across accounting, tax, HR and payroll, fund services, corporate secretarial, and risk and advisory.

As part of its evolution into a scaled, multi-market platform, Acclime appointed Izzy Silva as Group Chief Executive Officer in early 2024. Since assuming the role, Mr. Silva has led the next phase of Acclime’s development, sharpening the firm’s strategic focus, strengthening its operating model, and accelerating investment across leadership, systems, and technology to support sustainable long-term growth. Under his leadership, Acclime has advanced its digital transformation agenda, including the development of Aura, the firm’s proprietary AI-enabled automation platform, enhancing service delivery, operational efficiency, and client experience at scale.

Martin Crawford, Founder and Chairman of Acclime, said: “Over the past several years, Acclime has evolved into a pan-regional leader by combining deep local knowledge with a commitment to high-quality service for our clients. What began as a plan on a page has grown into a scaled, multi-market platform that has exceeded our expectations, thanks to the dedication of our 60+ partners, Stem Financial as foundational investors, and our talented team. We are delighted to welcome Warburg Pincus as a partner. Its partnership-oriented culture, global network, and strong track record of supporting growth make it an ideal investor for our next chapter.”

Saurabh Agarwal, Managing Director and Head of Southeast Asia Private Equity at Warburg Pincus, said: “Acclime has built one of Asia Pacific’s most scaled and differentiated corporate and business services platforms, powered by strong leadership, disciplined acquisitions, and a clear commitment to technology-enabled excellence. In a region defined by regulatory complexity and rising cross-border activity, the demand for an integrated, tech-forward business services partner has never been greater. Acclime’s deep local expertise and scalable, technology-driven solutions position it to lead the next generation of corporate and business services across the region. We are excited to partner with Martin, Izzy, and the broader team to accelerate growth, expand capabilities, and create long-term value.”

“Acclime has reached an important inflection point in its journey,” said Izzy Silva, Group CEO of Acclime. “Warburg Pincus shares our conviction in the long-term opportunity to build a global, technology-enabled professional services platform, and brings deep experience in scaling complex, multi-market businesses. Together, we are well positioned to accelerate growth, broaden our capabilities, and create enduring value for our clients and partners.”

***

About Acclime

Acclime is a leading professional services firm providing integrated corporate services, fund services, accounting, tax, and advisory solutions across Asia Pacific and the Middle East. Founded in 2019 by Martin Crawford and Debby Davidson, Acclime was built on a partner-led model designed to prioritise client success. With over 2,000 professionals operating as one unified firm across 18 markets, Acclime serves a diverse range of private clients, regional enterprises, multinationals, funds, and family offices. The firm combines deep market knowledge, cross-border expertise and industry leading tech-enablement to help clients navigate complex regulatory environments, scale their operations and achieve their strategic objectives at every stage of success. For more information, please visit: www.acclime.com

About Warburg Pincus

Warburg Pincus LLC is the pioneer of global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $85 billion in assets under management and more than 215 companies in its active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,000 companies across its private equity, real estate, and capital solutions strategies.

The firm is headquartered in New York with more than 15 offices globally. For more information, please visit www.warburgpincus.com.

Media Contacts

Warburg Pincus

Lisa Liang

Senior Vice President, Asia Head of Marketing and Communications

lisa.liang@warburgpincus.com

Acclime

Joshua Konechny

Chief Marketing Officer

pr@acclime.com

London, 10 December 2024 – Cooper Parry (“CP”), a leading provider of accounting and business advisory services to corporate SME and individual clients in the United Kingdom, today announced it received a majority investment from funds managed by Lee Equity Partners, LLC (“Lee Equity”).

• New strategic partnership aims to build on unprecedented organic growth and acquisitions.
• The new partnership will further accelerate CP’s creation of the UK’s next-gen professional services group.

Cooper Parry, the fast growing and disruptive firm of accountants and business advisers, is delighted to announce a ground-breaking investment partnership with New York-based Lee Equity.

Following two years of transformational growth, Lee Equity will succeed Waterland Private Equity (“Waterland”) as CP’s capital partner. Waterland has supported the business in its ambition to become a leading accountancy firm in the UK market by helping CP broaden its capabilities and expand its presence across the country.

The firm has successfully completed and integrated 11 transactions in two years, including the acquisition of Haines Watts London and its associated audit and advisory businesses across the South-East, Thames Valley and the Midlands, UHY Manchester, London-based Cloud Orca, the fast-growing Salesforce consultancy and MacroFin, the award-winning NetSuite Alliance Partner.

This M&A activity, coupled with a highly differentiated client experience and strong business development, has fuelled market-leading growth. Turnover has grown 4X over the last two years to £180m with sustainable organic growth exceeding 24% annually over the prior 3 years. (FY21-24). Cooper Parry’s entrepreneurial leadership and award-winning teams support like-minded clients across the UK and overseas, covering the spectrum of Audit, Tax, Innovation, Tech & High Growth, Outsourced Financial Services, Law, Deals (Corporate Finance, Transaction Services and Tax), Digital Transformation and Wealth Management.

As one of the UK’s mid-market heavyweights, CP serves the fastest growing market segment with an iconic, rebellious and powerful brand. It offers tech-enabled specialist services – delivered at scale – from five superhub locations across the UK (East Midlands, Birmingham, London, Thames Valley and Manchester).

Hailed as “the rebels of accountancy” with a determination to “Disrupt, Lead and Make Life Count”, CP is recognised as a leading employer in the UK and its sector. Headcount is 1450 people (including 128 Partners) and, for the past seven years, CP has been featured in The Sunday Times 100 Best Companies to Work For (including #1 Accountancy firm to work for in the UK). Amongst numerous accolades, it has been featured as #1 in Accountancy Age’s Mid-tier Power Index (2022) and in the Top 40 Global Inspiring Workplaces list (2024).

The largest UK accountancy firm to attain B Corp status, CP’s Glassdoor and NPS scores consistently out-perform peers as ‘best in class’, ensuring the continued recruitment and retention of the UK’s top talent.

Ade Cheatham, CEO of Cooper Parry commented: “This investment marks a monumental milestone in the CP journey, representing one of the largest deals of its kind in the global accountancy market. Following an incredible period of sustainable growth, partnering with Lee Equity Partners is the next level game-changer. The scale of this deal will propel us further forward over the next five years, giving us the financial resources to create the UK’s next-gen professional services group. After getting to know the Lee Equity team over the past few months, I’m so excited that we’re culturally aligned, share the same ambitious outlook and know that they really ‘get’ the opportunity we have in front of us. This is history-making news for everyone in the CP orbit – our people and clients alike. I can’t wait to bring our vision for 2030 to life.”

“For over three years, Lee Equity has been in search of the right type of accounting and business advisory services firm to partner with. We’ve found that in Cooper Parry, who has emerged as a market leader in the UK due to their exceptional management team, best-in-class organic growth rates, centralized business development function, and fully integrated approach to M&A,” said Danny Rodriguez, a Partner at Lee Equity. “We also found strong alignment with Cooper Parry’s entrepreneurial spirit and one-of-a-kind culture, which has attracted brilliant people who are disrupting the sector and who care deeply about their clients. We are extremely fortunate to partner with Ade and the rest of the Cooper Parry team as they embark on their next phase of growth.”

Additional terms of the transaction, which is expected to close in the first half of 2025 subject to regulatory approvals, were not disclosed.

Arcmont Asset Management Limited and its affiliated funds upsized their existing credit facility as part of the transaction, with additional committed financing to support Cooper Parry’s continued growth.

CP and Waterland were advised by Houlihan Lokey (M&A), Herbert Smith Freehills (Legal), Addleshaw Goddard (Legal), KPMG (Financial), Deloitte (Tax), Oliver Wyman (Commercial) and Liberty (Management). Lee Equity was advised by Proskauer Rose LLP (Legal) and PwC (Financial, Tax and Technology).

 

Press Contact:
Ellie Hallam
Phone: +44 7502 409118
E-mail: ellie@wearehollr.com

 

About Cooper Parry, The Rebels of Accountancy
Cooper Parry is one of the fastest-growing, culturally driven and rebellious firms of accountants and business advisers in the UK. Their award-winning teams support like-minded entrepreneurial businesses across the UK and overseas, providing tech-enabled services covering audit, tax, innovation, tech & high growth, outsourced financial services, law, deals (corporate finance, transaction services and tax) and wealth management.

The largest UK accountancy firm to attain B Corp status, Cooper Parry’s headcount is 1450 people (including 128 Partners) and, for the past seven years, has been featured in The Sunday Times 100 Best Companies to Work For (including #1 Accountancy firm to work for in the UK). Amongst numerous accolades, it has been featured as #1 in Accountancy Age’s Mid-tier Power Index (2022). and in the Top 40 Global Inspiring Workplaces list (2024). And Midlands Insider “Deal of the Year (£50m+)” Winner for Cooper Parry’s acquisition of Haines Watts London.

In December 2022, Cooper Parry’s growth was further accelerated by partnering with Waterland Private Equity. Over the last two years, the firm has completed 11 deals, including the acquisition of Haines Watts London and its associated audit and advisory businesses across the South-East, Thames Valley and the Midlands, UHY Manchester, London-based Cloud Orca, the fast-growing Salesforce consultancy and MacroFin, the award-winning NetSuite Alliance Partner.
www.cooperparry.com
www.cooperparrywealth.com

About Lee Equity Partners, LLC
Lee Equity Partners, LLC is a middle-market private equity firm that partners with businesses in the financial and healthcare services sectors. Over nearly two decades the firm has utilized its thematic based investment strategy and deep sector knowledge to identify and partner with talented management teams to accelerate growth and build market leading businesses.
www.leeequity.com

IK Partners (“IK”) is pleased to announce that the IK X Fund has signed an agreement to acquire Rhétorès Group (“Rhétorès” or “the Group”), a fast-growing French independent financial advisor (“IFA”) focused on high-net-worth individuals (“HNWIs”). IK is acquiring its stake from the founders, the management team and Activa who will be significantly reinvesting. Financial details of the transaction are not disclosed and completion of the transaction is subject to customary regulatory approvals.

Founded in 2010 by Stéphane Rudzinski and Grégory Soudjoukdjian, Rhétorès provides a comprehensive range of financial savings and investment products, including life-insurance wrappers and access to premium asset classes including private equity, real estate and structured products. Headquartered in Paris, the Group serves a high-end, diversified base of more than 6,200 clients and by the end of the year, is expected to have approximately €2.7 billion in assets under management.

Rhétorès combines personalised advisory expertise with a robust operational platform, enabling consistent service quality and a high standard of client care. The Group employs 55 individuals across five offices in France, including 20 client-facing advisors supported by well-developed support and compliance functions.

Since inception, Rhétorès has achieved strong organic growth and following Activa’s investment in 2022 has accelerated its inorganic growth, executing 20 add-on acquisitions to date. The Group’s acquisition of Dauphine AM in 2023 saw it enter into the direct asset management space.

With the support of IK and Activa, Rhétorès will look to grow its existing business, continuing to leverage commercial excellence and drive operational improvements. In addition, it will look to execute further buy-and-build activity to drive consolidation in the IFA market and diversify its offering.

Stéphane Rudzinski and Grégory Soudjoukdjian, Co-Founders of Rhétorès, said: “Over the past 15 years we have focused on building a high-quality advisory platform for our clients and we are extremely proud of the progress the team has made. IK’s experience in the French IFA and asset management space, including Valoria Capital and Eres, makes it an ideal partner for this next phase of growth. The team’s understanding of the sector and support for our long-term ambitions will be invaluable as we continue to scale Rhétorès. We would like to take this opportunity to thank the team at Activa for their support so far and look forward to having IK on board.”

Rémi Buttiaux and Diki Korniloff, Partners at IK and Advisors to the IK X Fund, added: “The French financial savings market is both large and resilient, supported by strong underlying trends and a favourable regulatory environment. Under Stéphane and Grégory’s leadership, Rhétorès has achieved remarkable success and earned a strong reputation within the French IFA landscape. We look forward to working closely with the team to support their ambitious growth strategy, including further consolidation and diversification of their service offering.”

Christophe Parier and Alexandre Masson, Managing Partners at Activa, added: “We are proud to have supported Rhétorès since 2022 and to have worked closely with Stéphane, Grégory and the entire team during a period of strong development. Over the past few years, the Group has not only strengthened its advisory platform but also executed a successful programme of targeted acquisitions that has expanded its reach and capabilities. We are pleased to reinvest as part of this new partnership and look forward to continuing to support the business as it enters its next stage of growth alongside IK.”

For further questions, please contact:

IK Partners
Vidya Verlkumar
Phone: +44 (0) 7787 558 193
vidya.verlkumar@ikpartners.com

About Rhétorès Group

Established in 2010, Rhétorès Groupe is a leading independent wealth and asset manager in France, providing clients with integrated advisory, investment and structuring solutions. The firm combines portfolio management, private equity opportunities, real-estate investments and tailored insurance products to help clients protect and grow their assets over the long term. For more information, visit www.rhetores.fr

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About IK Partners

IK Partners (“IK”) is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €20 billion of capital and invested in over 200 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit ikpartners.com

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About Activa

Activa is an independent private equity company, owned by its partners, focused on tech services and tech-enabled services platforms. It currently manages more than €400 million on behalf of institutional investors investing in French service SMEs with high growth potential and an enterprise value ranging between €30 million and €100 million. Activa supports them in accelerating their development and their international presence. To learn more about Activa, visit www.activa.fr

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