Asset Servicing · Private equity

Alter Domus valued at €4.9 bln as Cinven takes majority stake

Alter Domus' offices. Photo by Fixinox.

Luxembourg-based Alter Domus, one of the world's biggest asset services firms, has secured a new strategic investment from London-based private equity firm Cinven. Alter Domus said the transaction will increase its value to 4.9 billion euros, which indicates that Cinven agreed to pay the firm's existing shareholders - its founders and Permira - more than half of that amount. 

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