Bridgepoint Takes Majority Stake In Restructuring And Real Estate Specialist Interpath

Bridgepoint has agreed to acquire a majority stake in Interpath, valuing the advisory group carved out of KPMG UK at about €920M, in a deal that underlines private equity’s continued appetite for professional services firms with exposure to restructuring and real estate advisory work. Bridgepoint, which invested in Belfast-based regulatory consultancy Fscom in 2022, said it intended to back further growth in Dublin, across Europe and beyond.  The deal provides an exit for HIG Capital, which bought the business from KPMG in 2021 for approximately €440M and has overseen a period of rapid international expansion. Since its separation from KPMG nearly five years...