Context

Carac entered into exclusive negotiations to acquire a majority stake of just under 70% in Cedrus & Partners. This transaction follows a highly competitive bidding process involving international private equity funds and wealth management consolidators, where Carac emerged victorious over finalists such as Corient and Anacap. The deal facilitates the complete exit of the firm's founders while allowing the current management team, led by the President and the CEO, to retain the remaining one-third of the capital by reinvesting their proceeds.

Target

A multi-family office and investment firm catering to ultra-wealthy families (minimum EUR100M net worth) and institutions. It specializes in private assets and alternative investments, managing EUR7B in assets under advisory.