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Antares Supports Investment in CFGI by CVC Capital Partners Fund VIII

November 24, 2021, 07:54 AM
Filed Under: Private Equity News

Antares is acting as administrative agent on senior secured credit facilities to support CVC Capital Partners Fund VIII’s (“CVC”) investment in CFGI. All existing shareholders are reinvesting in the transaction in partnership with CVC, including funds managed by global investment firm Carlyle, co-founders and co-CEOs Nick Nardone and Shane Caiazzo, and the partners of CFGI.

Founded in 2000 and headquartered in Boston, MA, CFGI serves the Office of the CFO as an independent advisor to assist with complex accounting and process improvement needs. Operating without the restrictions created by auditor independence regulations, CFGI serves more than 2,500 clients nationally with a team of over 650 professionals across 12 offices.

“CFGI management with Carlyle’s support has built CFGI into a market leading company with excellent continued growth potential,” said Paul Vannelli, senior vice president for Antares. “With the addition of CVC’s investment, the team has the backing and expertise required to accelerate growth and capitalize on favorable market dynamics.”







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