Crowe accelerates long-term growth trajectory with investment from KKR

KKR

Strategic partnership underscores Crowe’s longstanding leadership as a premier accounting and consulting firm

Facilitates investments in talent, technology, and expanded capabilities while preserving independence, commitment to quality and core values

CHICAGO and NEW YORK, BUSINESS WIRE, (June 11, 2026) – Crowe LLP (“Crowe”), a leading public accounting and consulting firm, and KKR, a leading global investment firm, today announced an agreement under which funds managed by KKR will make a significant equity investment in Crowe Advisory LLC, becoming its first institutional capital partner.

KKR’s investment underscores its strong conviction in Crowe’s differentiated platform, team and long-term growth potential. The investment will accelerate Crowe’s existing business strategy, which is driving momentum across each of its service lines and a continued reputation for quality. It will also facilitate continued investments in talent, technology, and innovation, further enhancing the firm’s capabilities and client service. Importantly, Crowe’s strategy will remain rooted in its longstanding culture, core values, and commitment to delivering the highest quality client outcomes.

Founded over 80 years ago, Crowe is one of the largest accounting and consulting firms in the United States, established as a trusted advisor with long-standing client relationships. The firm provides audit, tax, advisory and consulting services to public and privately held companies with deep industry expertise across financial services, manufacturing, healthcare and technology, among other sectors.

“At its core, this strategic partnership is about staying ahead of what our clients need and making sure we’re equipped to deliver,” said Crowe CEO Steven Strammello. “We have a strong strategy and real momentum, and this investment helps us take the next step. With KKR’s support, we will invest even more deeply in our people, our capabilities, and the quality we’re known for. We’ve built something special at Crowe over the past 80 years, and our culture and values will continue to define how we move forward.”

“Crowe’s distinct culture and outstanding talent have enabled it to build trusted client relationships and a reputation as an advisor of choice. We are excited to partner with the Crowe team to support its continued growth and investment in next-generation client capabilities, while staying true to its core values, independence, and client service,” said Chris Harrington, Partner at KKR.

KKR is making its investment in Crowe Advisory LLC through its North America Fund XIV.

In connection with the investment, Crowe will reorganize its structure prior to closing. Upon closing, the newly formed Crowe Advisory LLC will provide all tax, advisory, and other non-attest services to clients. Crowe LLP will remain a licensed CPA firm and continue to provide all attest services, including audits and reviews. This alternative practice structure will support Crowe’s continued growth while maintaining adherence to the regulatory framework required for attest services. Crowe Advisory LLC and Crowe LLP will continue serving clients worldwide as a leading member of the Crowe Global network.

The transaction is expected to close in the third calendar quarter of 2026, subject to customary closing conditions and required regulatory approvals.

Harris Williams is serving as financial adviser to Crowe. Hunton Andrews Kurth LLP is serving as legal adviser to Crowe with Mayer Brown serving as advisor to Crowe’s Board of Directors. William Blair & Company, LLC is serving as financial adviser and Kirkland & Ellis LLP is serving as legal adviser to KKR.

About Crowe

Crowe LLP is a public accounting and consulting firm that uses its deep industry expertise to provide audit, tax, advisory, and consulting services to public and private entities. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media Contacts

For Crowe:

Daniel Yunger / Mark Fallati

Kekst CNC

Kekst-Crowe@kekstcnc.com

For KKR:

media@kkr.com

 

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nesto raises $302 million Series E at $1.47 billion valuation to accelerate growth

LaCaisse
This new capital will accelerate the deployment of Nesto Cloud’s AI-powered lending platform across the mortgage financing and financial services sectors.

nesto, Canada’s leading mortgage technology and financing platform, today announced the successful closing of a CAD 302 million Series E financing round, comprising a combination of primary and secondary capital, at a CAD 1.47 billion valuation, marking a significant milestone in nesto’s continued growth and expansion.

The funding round brings together prominent new investors, including La Caisse (formerly CDPQ), Fidelity Investments Canada ULC [certain funds], PICTON Investments, and Endeavor Catalyst, alongside renewed participation from existing investors—Portage, Diagram, NAventures, National Bank of Canada’s corporate venture capital arm, Fonds de solidarité FTQ and Fondaction.

Since its inception, nesto has stood out through its unique positioning as a leading provider of mortgage technology and financing solutions. Recently, nesto launched Maestro AI, a unique AI-native orchestration platform designed to drastically simplify end to end mortgage operations and modernize financialworkflows.

By combining deep lending expertise with proprietary cloud technology through Nesto Cloud and advanced AI solutions, nesto is transforming Canada’s $2.1 trillion* mortgage industry and is redefining the mortgage experience for homeowners, lenders, and financial institutions alike. Building on this momentum, nesto is now expanding beyond mortgages to bring next-generation AI-powered solutions to the broader financial services industry.

With this new capital, nesto will accelerate the development of its technology and AI capabilities, enabling faster onboarding of partners and clients while further scaling its platform across the industry. Today, the company is growing rapidly across all business units with more than $37 billion in originations this year. nesto manages over $80 billion in mortgages under administration, operates nationwide, and is profitable.

“We have executed with focus and consistency on our mission to build the mortgage ecosystem of the future. This new capital will allow us to accelerate our technology and AI development while onboarding partners at turbo speed,” said Malik Yacoubi, Co-Founder and CEO of nesto.

“This investment reflects our confidence in nesto, a Montréal-based fintech that stands out for its business model and innovative approach. By simplifying and modernizing the mortgage experience, nesto is playing a tangible role in transforming the lending sector in Canada,” said Kim Thomassin, Executive Vice-President and Head of Québec at La Caisse.


*Source: CMHC

About nesto

nesto is Canada’s leading provider of mortgage technology and financing solutions, with over CAD 80 billion in residential and commercial mortgages under administration. nesto is trusted by many of the country’s most prominent financial institutions. Powered by its proprietary technology, nesto is the fastest growing mortgage lender in Canada, gaining market shares in D2C residential lending, in the broker market and in multi-family commercial lending.

nesto has been recognized as one of Deloitte’s Fast 50 companies for three consecutive years.

nesto inc. operates primarily through its CMLS, nesto, and Nesto Cloud brands. Its mission is to build Canada’s mortgage ecosystem of the future and create a true Canadian champion in lending technology and financial services. Learn more at: https://nestogroup.ca/

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EQT exits remaining stake in Enity Holding AB (publ)

eqt

EQT Office Logo

  • The sale resulted in aggregate gross proceeds of c. SEK 768 million to the Main Shareholder, of which EQT VII received c. SEK 605 million

Butterfly HoldCo Pte. Ltd (the “Main Shareholder”), an affiliate of the EQT VII fund (“EQT VII”) is pleased to announce the completion of the placement of 11,818,670 shares (the “Shares”) in Enity Holding AB (publ) (STO: ENITY) for aggregate gross proceeds of c. SEK 768 million via an accelerated bookbuilding process (the “Placing”). As a part of the Placing, EQT VII received proceeds of c. SEK 605 million. 

The settlement of the Shares was completed on 15 May 2026. ABG Sundal Collier AB, Nordea Bank Abp, filial i Sverige and Skandinaviska Enskilda Banken AB acted as Joint Bookrunners in the Placing.

Contact

EQT Press Office, press@eqtpartners.com

Important notice 

This press release does not constitute (i) an offer to sell or a solicitation of an offer to buy any securities of Enity Holding AB (publ) or any of its affiliates and it does not constitute a prospectus within the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 or (ii) an offer for sale of, or a solicitation of an offer to purchase, securities in the United States or elsewhere. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offering of any of the securities mentioned in this press release in the United States.

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About EQT

EQT is a purpose-driven global investment organization with EUR 269 billion in total assets under management (EUR 142 billion in fee-generating assets under management) as of 31 March 2026, within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com
Follow EQT on LinkedInXYouTube and Instagram

About Enity 

Enity acts as a disruptive force within the Nordic mortgage sector, driven by a mission to broaden mortgage accessibility for individuals irrespective of their professional status, financial history, or age. Operating via a specialized network of mortgage institutions, Enity provides a contemporary substitute to the conventional banking industry. Following its establishment as Bluestep Bostadslån in Stockholm during 2005, the organization has extended its presence into Norway and Finland, integrating 60plusbanken in Sweden and Norwegian Bank2 in April 2024. Enity Bank Group is regulated by the Swedish Financial Supervisory Authority (Finansinspektionen). Further details regarding Enity are available on the group’s website https://enity.com.

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IK Partners invests in Domek Group

IK Partners

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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Edelweiss to Bring in Carlyle as Strategic Majority Investor for its Housing Finance Business

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Carlyle

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

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Trustmoore announces strategic partnership with IK Partners to support next phase of growth

IK Partners

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

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Interpath to partner with Bridgepoint to accelerate global growth

Bridgepoint

Interpath, the international financial advisory firm, has today announced that Bridgepoint, one of the world’s leading mid-market investors, has entered into exclusive negotiations to acquire a majority stake in the business, as Interpath embarks on the next phase of its growth journey.

The potential transaction would mark a successful exit for H.I.G. Capital, which has supported the business since its carve-out from KPMG UK in 2021. Terms of the potential transaction were not  disclosed.

Since becoming an independent business, Interpath has rapidly established itself as a leading UK-headquartered advisory platform, providing multi-service Office of the CFO support across restructuring and turnaround, deals and broader advisory services to corporates, private equity sponsors, lenders and other stakeholders.

Interpath employs over 1,000 professionals globally across 12 countries including the UK, Ireland, France, Germany, Spain, the Caribbean and Hong Kong. It is led by an experienced senior management team, which will continue to lead the business following completion.

Since the carve-out, Interpath has delivered strong performance, underpinned by increased demand for its portfolio of services and its ability to attract and retain top talent. The business has more than doubled EBITDA and continues to deliver strong revenue growth, reflecting both market conditions and the strength of its platform, people and client relationships.

Interpath operates at the intersection of several very large and attractive markets. Its heritage in restructuring and turnaround, a truly technical discipline with high entry barriers and counter-cyclical resilience, is coupled with its complementary and rapidly expanding deals and advisory practice offering significant long-term growth opportunities as organisations increasingly seek independent, conflict-free advice.

With Bridgepoint’s support, Interpath will focus on accelerating its international expansion, continuing to attract and retain top talent, broadening its service offering across existing and new geographies, and selectively pursuing strategic acquisitions to further strengthen its platform.

The new partnership stands to benefit from Bridgepoint’s deep expertise in working with global professional services platforms, where the firm has a long track record of backing high-quality, specialist, people-led companies that start with a strong European base and helping them expand globally by attracting new talent and through M&A. Bridgepoint has previously or currently supports a significant number of professional services firms including Alpha FMC, HKA, HT Digital, Analysys Mason, Argon & Co, Forward Global and ERM.

Mark Raddan, CEO of Interpath, commented: “Today marks an exciting new chapter for Interpath as we embark on a new partnership with Bridgepoint. Not only does the team believe in our ambition, but they also share the values and culture that define who we are.

“Their investment will empower us to continue attracting exceptional talent and accelerate our expansion into new geographies across Europe, the Americas, and Asia. We are confident that with their support, we can build on our achievements, create even greater opportunities for our people, and deliver enhanced value to our clients.”

Mark Raddan added: “We are incredibly grateful to H.I.G. for their trust, support and belief in Interpath over the past five years. They backed our vision wholeheartedly – first, by helping us to establish strong foundations following our carve-out, and then by supporting us as we scaled both our international footprint and the services we provide.”

Charles Welham, Partner and Sector Head for Business & Financial Services at Bridgepoint, commented: “Interpath is a high-quality, differentiated advisory platform with a unique culture, operating in a growing market with significant opportunity for further share gains.

What excites us most is the opportunity to support its exceptional base of talent and, by enhancing its distinctive people proposition, accelerate the pace at which more leading professionals in their fields join the Interpath platform.

We are thrilled to partner with Interpath’s outstanding leadership team as they enter their next phase of growth — building a more international and diversified business, and continuing to win share from more constrained and conflicted competitors.”

Nishant Nayyar, Managing Director at H.I.G. Capital, commented: “When we established Interpath five years ago our ambition was to build the leading UK restructuring and financial advisory firm under a world-class management team. We are proud to have supported the Company’s strong growth, geographic expansion and diversification during our ownership. We are grateful to our Chair, Tamara Box, and the late John Connolly for their important contributions, and we commend Mark and the broader management team for what they have built. We look forward to Interpath’s continued success in its next chapter.”

The potential transaction is subject to customary closing conditions and regulatory approvals, and the completion of information and consultation processes with employee representatives where necessary, and is expected to complete in late Q2 or Q3 2026.

Interpath were advised by Moelis & Company (Financial Advisor), Simpson Thacher & Bartlett (Legal Advisor), PwC (Financial & Tax Due Diligence), OC&C (Commercial Due Diligence), Milbank (Management Legal Counsel). Jamieson (Management Incentive Plan) and iPsychTec (Culture).

Bridgepoint was advised by Goldman Sachs International and Jefferies International (Lead Financial Advisors), Latham & Watkins (Legal Advisor), BCG (Commercial Due Diligence), EY Parthenon (Financial, Tax, IT & Cyber and ESG Due Diligence) and Singulier (AI Due Diligence).

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Oakley Capital and La Caisse invest in institutional debt administration provider GLAS

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LaCaisse

Oakley Capital, a leading mid-market private equity investor, is pleased to announce it is acquiring a majority stake in GLAS (“Global Loan Agency Services”), a leading, global provider of loan administration and bond trustee services. Oakley is investing alongside La Caisse (formerly CDPQ) which has acquired a minority position, as well as Levine Leichtman Capital Partners who will retain a small stake in the business.

Founded by Mia Drennan and Brian Carne in 2011, London-headquartered GLAS offers a wide range of administration and trustee services for the credit markets, including private credit and leveraged finance. The company oversees the lifecycle administration of debt instruments, including transaction execution, interest determination, cash flow coordination and stakeholder communications, underpinned by regulatory and structural requirements for independent agency providers. Operating with over 450 employees across 16 offices in Europe, America, APAC and Middle East, GLAS services a portfolio of over $750 billion across its global platform.

The global private credit market which GLAS serves today exceeds $2.4 trillion in AUM and is expected to surpass $4.5 trillion by 2030, supported by healthy fundraising momentum into the asset class from a wide array of institutional and retail investors, as well as continued diversification into broader credit segments, including infrastructure, asset-backed and specialty finance. Against this backdrop, GLAS benefits from high barriers to entry and strong recurring revenues, driven by regulatory licensing requirements and the rising need for sustained investment in technology.

In recent years, GLAS has enjoyed 40% organic revenue growth thanks to its premier service, its global tech-enabled platform, and strong relationships with leading lenders and law firms. The company has also benefitted from its ability to support complex transactions, including restructurings and multi-jurisdictional mega loans.

GLAS will continue to be led by CEO and Founder Mia Drennan, alongside her existing executive management team, Ethan Levner CFO and Joanne Brooks, CCO. Oakley will support GLAS to accelerate growth through international expansion, M&A and the continued development of the company’s technology and AI offering.

Peter Dubens, Oakley Capital Co-Founder and Managing Partner, said: “Mia has successfully built a global leader in the market for debt administration, a market with strong and attractive growth characteristics. We are pleased to be partnering with such an accomplished entrepreneur and look forward to supporting the next phase of GLAS’ growth.”

Martin Longchamps, La Caisse Executive Vice-President and Head of Private Equity and Private Credit, said: “GLAS sits at the heart of the fast-growing private credit ecosystem. Its global presence, technology leadership, and deeply embedded relationships with leading clients make it an asset well positioned for continued growth. We look forward to partnering with Oakley and GLAS to support the platform’s next successful chapter.”

GLAS Founder and CEO Mia Drennan, said: “We wanted to work with a like-minded partner with an entrepreneurial approach and a reputation for working successfully with founders. Oakley has a strong track record supporting global market leaders, and we are excited about the opportunities this partnership, alongside La Caisse, will unlock for GLAS.”

ABOUT OAKLEY CAPITAL

Oakley Capital was founded 20 years ago to be the partner of choice for exceptional founders and entrepreneurs. We back private, pan-European businesses with an enterprise value from €100m to €1bln+, acquiring control or co-control stakes and supporting complex deals such as carve‑outs.

We have a diverse team of over 200 professionals working across five locations, including London, Munich, Milan, Madrid, and Luxembourg, offering us genuine European reach and local cultural expertise.

Our unique origination capabilities help us unearth attractive opportunities across our four core sectors: Technology, Business Services, Digital Consumer and Education. We focus on building long-lasting, repeat partnerships with exceptional founders, many of whom go on to invest in our funds. www.oakleycapital.com

ABOUT LA CAISSE

At La Caisse, formerly CDPQ, we have invested for 60 years with a dual mandate: generate optimal long term returns for our 48 depositors, who represent over 6 million Quebecers, and contribute to Québec’s economic development.

As a global investment group, we are active in the major financial markets, private equity, infrastructure, real estate and private credit. As at June 30, 2025, La Caisse’s net assets totalled CAD 496 billion. For more information, visit lacaisse.com or consult our LinkedIn or Instagram pages.

La Caisse is a registered trademark of Caisse de dépôt et placement du Québec that is protected in Canada and other jurisdictions and licensed for use by its subsidiaries.

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Willis Lease Finance Corporation Announces Aircraft Engine Leasing Partnership with Blackstone Credit & Insurance

Blackstone

COCONUT CREEK, Fla. and NEW YORK — January 5, 2026 — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and a global provider of aviation services, and Blackstone Credit & Insurance (“BXCI”) announced a strategic aircraft engine leasing partnership with plans to deploy over $1 billon in the next two years in current and next generation aircraft engines and select aircraft. This unique partnership brings together a leading engine leasing specialist with Blackstone’s scaled private credit business to focus on the engine asset class.

The partnership leverages WLFC’s established position as a pioneer in aircraft engine leasing and its growing asset management platform. WLFC has identified a seed portfolio and near-term pipeline of high-quality engine assets that are expected to close into the partnership, providing immediate scale and diversification across engine types and airline customers globally.

“We are excited to partner with BXCI, whose scale and long-term capital commitment will accelerate the growth of our asset management business,” said Austin C. Willis, CEO of WLFC. “Blackstone is a leader in asset-based credit, and their investment demonstrates the strength of our position in aircraft engine leasing and their belief in our ability to generate attractive returns through disciplined asset selection and active management.”

Scott Flaherty, CFO of WLFC, added “the Blackstone relationship provides further capital diversification to the Willis platform. We are excited about this new relationship and the growth opportunities this brings to our business.”

“Willis is a leading lessor of commercial aircraft engines and brings unparalleled technical expertise, deep customer relationships and a proven track record,” said Aneek Mamik, Senior Managing Director, Blackstone Credit & Insurance. “This opportunity is consistent with BXCI’s objectives of building programmatic, differentiated origination in large addressable markets with a focus on hard assets and strong downside protection.”

“We look forward to partnering with the WLFC team to support the growth of their platform and deliver essential engine solutions for the global aviation fleet,” added Alex Buck, Principal, Blackstone Credit & Insurance.

BXCI’s Infrastructure and Asset Based Credit group manages over $100 billion and has over 80 investment professionals, as of September 30, 2025. The platform is focused on providing investment grade credit, non-investment grade credit, and structured investments across the real economy in sectors such as infrastructure, commercial finance, fund finance, consumer finance, and residential real estate loans.

BNP Paribas served as sole structuring agent and advisor to BXCI.

About Willis Lease Finance Corporation
Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers worldwide. These leasing activities are integrated with various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Additionally, through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the Company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services. Willis Sustainable Fuels intends to develop, build and operate projects to help decarbonize aviation.

About Blackstone Credit & Insurance
Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset-based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.

Contacts
Willis Lease Finance Corporation
Lynn Kohler
Lkohler@willislease.com
(415) 328-4798

Blackstone
David Vitek
David.Vitek@blackstone.com
(212) 583-5291

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Warburg Pincus Signs Agreement to Invest in Acclime, a Leading Tech-Forward Corporate and Business Services Provider in Asia Pacific

Warburg Pincus logo

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.”

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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

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