CORSAIR

CVC Capital Partners Fund VIII to Acquire RGI from Corsair

Retrieved on: 
Friday, March 11, 2022

CVC today announced that CVC Capital Partners Fund VIII has agreed to acquire RGI (the Company), a leading independent provider of software solutions to the European insurance industry, from Corsair, a leading private equity firm targeting services, software, and payments investments in the financial services market.

Key Points: 
  • CVC today announced that CVC Capital Partners Fund VIII has agreed to acquire RGI (the Company), a leading independent provider of software solutions to the European insurance industry, from Corsair, a leading private equity firm targeting services, software, and payments investments in the financial services market.
  • We are excited to be part of the Companys journey going forward, said Leif Lindbck, Partner and Head of European TMT at CVC.
  • Ccile Andr Leruste, RGI Group CEO, commented, CVC has a wealth of experience and an impressive track record helping companies accelerate their growth.
  • Corsair has invested $12 billion in capital across its global buyouts and infrastructure platforms since inception.

ZEDRA to Receive Strategic Minority Investment From BCI

Retrieved on: 
Wednesday, March 2, 2022

ZEDRA (ZEDRA or the Company), a global specialist in Global Expansion and Corporate Services, Active Wealth and Fund Solutions, today announced it has reached an agreement to receive a strategic minority investment from British Columbia Investment Management Corporation (BCI), one of Canadas largest institutional investors.

Key Points: 
  • ZEDRA (ZEDRA or the Company), a global specialist in Global Expansion and Corporate Services, Active Wealth and Fund Solutions, today announced it has reached an agreement to receive a strategic minority investment from British Columbia Investment Management Corporation (BCI), one of Canadas largest institutional investors.
  • Raja Hadji-Touma, Partner at Corsair, said, We are grateful for our successful partnership with the ZEDRA team and are delighted to welcome BCI as an investor alongside us.
  • This investment is a testament to ZEDRAs continued success executing on its growth plan, demonstrated by the Companys impressive team, product and geographical strategic expansion.
  • With C$199.6 billion of assets under management as of March 31, 2021, British Columbia Investment Management Corporation (BCI) is one of Canadas largest institutional investors.

Corsair-Backed TreviPay Completes Global Receivables Securitization and Sale of Non-Core Business Unit

Retrieved on: 
Thursday, November 18, 2021

Corsair also announced that TreviPay has completed the sale of its Multi Service Fuel Card business unit to Shell Oil Company.

Key Points: 
  • Corsair also announced that TreviPay has completed the sale of its Multi Service Fuel Card business unit to Shell Oil Company.
  • When we partnered with CEO Brandon Spear and the TreviPay team just over a year ago, we identified a strategic plan to complete this securitization and non-core business unit sale by 2022, said Corsair Partner Jeremy Schein.
  • TreviPay is a global financial technology company specializing in complete digitization of B2B payments through secure trade financing to drive enhanced customer loyalty.
  • Corsair is a global specialist investment firm offering opportunities for investors and solutions for companies across financial & business services and infrastructure.

Voicemod and CORSAIR Expand Collaboration to Drive the Future of Social Audio in Interactive Gaming and Content Creation

Retrieved on: 
Monday, October 18, 2021

Voicemod builds audio tools that make it easy for anyone to create a unique sonic identity.

Key Points: 
  • Voicemod builds audio tools that make it easy for anyone to create a unique sonic identity.
  • This collaboration with CORSAIR solidifies Voicemods B2B expansion strategy and mission to cultivate an ecosystem around the companys interactive audio technology and voice avatars.
  • Social gaming has dramatically evolved over the last 19 months, as the COVID-19 pandemic curtailed movement and made virtual connections more appealing.
  • We're excited at the prospect of further collaboration and integration of more Voicemod functions in future CORSAIR products.

NM Money Group Announces Leadership Transition

Retrieved on: 
Friday, September 17, 2021

Mr. Bowcock said, I am honored to take on this important role at NM Money Group.

Key Points: 
  • Mr. Bowcock said, I am honored to take on this important role at NM Money Group.
  • I want to thank Peter for his tremendous contribution to NM during his tenure, said Lord Mervyn Davies, Chairman, NM Money Group.
  • Prior to joining NM Money Group, Mr. Bowcock served as Group CEO of Countrywide plc until its successful sale to Connells.
  • NM Money Group is a leading UK consumer-focused financial services group serving over 15 million customers a month.

Corsair and Astorg Announce Strategic Partnership to Accelerate Xceptor’s Long-Term Growth

Retrieved on: 
Thursday, June 3, 2021

Corsair has significant experience investing in and partnering with growing companies to accelerate their goals and help fully realize their potential.

Key Points: 
  • Corsair has significant experience investing in and partnering with growing companies to accelerate their goals and help fully realize their potential.
  • The firm will leverage its strong track record of partnering with best-in-class management teams and its extensive, transatlantic financial services network to support Xceptors ambitious strategic agenda and drive continued growth as the Company moves into the next phase of its development, in partnership with Astorg.
  • We are convinced that the combination of Astorg and Corsair will help further accelerate Xceptors trajectory, particularly in the U.S., which is a priority market.
  • Were delighted to welcome Corsair as another strategic partner alongside Astorg, and we are grateful to now have support from two leading institutional investors for Xceptors next chapter of growth, said Andrew Kouloumbrides, CEO of Xceptor.