PIB Group is primarily owned by funds advised by Apax Partners, a global private equity advisory firm, following an acquisition that is subject to regulatory approval. Additionally, funds advised by The Carlyle Group, which had been an investor since PIB Group's formation in 2015, plan to re-invest in the business for a minority stake.
Current Ownership Structure
The ownership of PIB Group is in a transitional phase, reflecting a significant strategic acquisition. This involves a shift in primary ownership to a major private equity firm, while an existing investor maintains a presence.
Key Investors
The principal parties involved in PIB Group's current and future ownership are:
- Apax Partners: As the primary acquiring entity, funds advised by Apax Partners are set to become the majority owners of PIB Group. This acquisition highlights a strategic investment by a firm known for its extensive portfolio in various sectors.
- The Carlyle Group: Having been a foundational investor in PIB Group since its inception in 2015, funds advised by The Carlyle Group intend to continue their involvement by re-investing. This commitment will secure them a minority stake in the business, indicating their ongoing confidence and belief in PIB Group's long-term potential.
Details of the Ownership Transition
| Investor | Role in Ownership | Notes |
|---|---|---|
| Apax Partners | Primary acquiring entity (funds advised by) | The deal is subject to regulatory approval. |
| The Carlyle Group | Re-investing for a minority stake (funds advised by) | Was PIB Group's investor since its formation in 2015. |
This structure reflects a strategic alignment aimed at fostering continued growth and development for PIB Group, leveraging the expertise and capital of prominent private equity firms.
