Sale to The Carlyle Group

Technology & Services
Sale to The Carlyle Group

Summary

Baird served as lead financial advisor to CFGI, LLC on this transaction

About

CFGI, LLC (“CFGI” or the “Company”), owned by Company management and Flexpoint Ford, LLC (“Flexpoint Ford”), recently announced the completion of a sale to The Carlyle Group (“Carlyle”) (NASDAQ-GS:CG). Terms of the transaction were not disclosed.

Founded in 2000 by former Big Four professionals, CFGI is a national provider of high-end technical accounting and finance advisory services to the office of the Chief Financial Officer. Employing top-flight professionals with in-depth public accounting expertise, CFGI can fulfill a variety of client needs without the restrictions of auditor independence. CFGI currently serves more than 500 national and international clients and is headquartered in Boston, Massachusetts, with offices in New York, New York, Philadelphia, Pennsylvania and San Francisco, California.

Flexpoint Ford is a private equity investment firm that has raised over $2.3 billion in capital and specializes in privately negotiated investments in the financial services and healthcare industries. Since formation in 2005, Flexpoint Ford has completed investments in over 30 companies across a broad range of investment sizes, structures and asset classes. Flexpoint Ford is headquartered in Chicago, Illinois.

The Carlyle Group is a global alternative asset manager with $195 billion of assets under management across 317 investment vehicles. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world’s largest and most successful investment firms, with more than 1,600 professionals operating in 31 offices in North America, South America, Europe, the Middle East, Africa, Asia and Australia. Carlyle has expertise in various industries, including aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group is headquartered in Washington, D.C.
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Technology & Services
Sale to The Carlyle Group
Date
February 2018
Company
CFGI, LLC
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

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