CVC invests in CFGI at $1.85bn valuation

Carlyle, three years into its investment, will remain a shareholder in the non-audit accounting and finance advisory firm.

CVC Capital has agreed to acquire a stake in CFGI in a deal valuing the non-audit accounting advisory firm at approximately $1.85 billion. Existing shareholders including Carlyle and CFGI co-founders and co-CEOS Nick Nardone and Shane Caiazzo will remain invested.

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