Centralis: CBPE Capital Exits Investment with HGGC Acquisition
Deal News | Mar 05, 2025 | Reed Smith
Reed Smith, a prominent global law firm, is advising CBPE Capital, the London-based private equity group, on the divestment of its investment in Centralis. Centralis is a prominent international alternative asset and corporate services provider. The prospective buyer of this stake is the US private equity firm, HGGC. The transaction is currently conditional on obtaining regulatory approvals across multiple jurisdictions, with an expected completion date in later 2025. Reed Smith previously provided advisory services to CBPE Capital during its initial investment into Centralis in 2020. The advisory team at Reed Smith for this transaction is led by Philip Taylor, a partner in the Global Corporate Group, with contribution from various partners, associates, and trainees specializing in corporate, tax, and banking sectors.
Sectors
- Private Equity
- Corporate Services
- Legal Services
Geography
- United Kingdom – CBPE Capital is based in London, United Kingdom.
- United States – HGGC, the purchasing private equity firm, is based in the United States.
- Multiple Jurisdictions – The transaction requires regulatory approvals in multiple jurisdictions.
Industry
- Private Equity – This transaction involves CBPE Capital, a private equity firm, divesting its stake in Centralis.
- Corporate Services – Centralis is an international alternative asset and corporate services provider.
- Legal Services – Reed Smith, the law firm, is advising on the legal aspects of the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Reed Smith | Legal Advisor | Company | A global law firm advising CBPE Capital on the sale to HGGC. |
| CBPE Capital | Selling Company (Vendor) | Company | A London-based private equity group selling its stake in Centralis. |
| Centralis | Target Company | Company | An international alternative asset and corporate services provider. |
| HGGC | Bidding Company (Buyer) | Company | A US private equity firm purchasing CBPE Capital's stake in Centralis. |
| Philip Taylor | Lead Partner | Person | Partner in the Global Corporate Group at Reed Smith, leading the advisory team. |