All rights reserved. Permira is hitting a near triple with its $4.2 billion sale of Duff & Phelps after a two-year holding period. Gottdiener, who has been with Duff & Phelps since 2004, said he is comfortable operating in a leveraged environment. Carlyle’s second financial services fund, again led by Sarkozy, reacquired Duff & Phelps in 2014. 21 August 2020. Stone Point Capital and Further Global are buying financial services services firm Duff & Phelps from Permira Funds for $4.2 billion. GoldPoint Parners, the private equity affiliate of New York Life Investment Management LLC, has closed its fourth fund-of-funds, at $678 million. “We are thrilled to have the opportunity to partner with Duff & Phelps again and participate in the next phase of growth for the company,”says Stone Point CEO Chuck Davis. Duff & Phelps' clients include 70 percent of top-tier private equity, law firms and hedge funds. The target is an outsourced manufacturer of medical devices and medical implants. “We think very highly of the business and management team.”. Microsoft makes its biggest video game acquisition ever. Other deals by Stone Point, a financial services-focused private-equity firm, include acquisitions of Eagle Point, Kestra Financial, and Sedgwick. Houlihan Lokey (NYSE: HLI) and Greenberg Traurig advised Palladium. Olivier Sarkozy is the half brother of Nicolas Sarkozy, the former president of France. The transaction is expected to close in the second quarter. The transformation of Duff & Phelps, over the last two years, is a testament to the strength and talents of Noah, Jake and the entire executive team. Duff & Phelps is the fifth investment from Further Global’s debut fund, which was expected to raise $1.2 billion. Read the full story, What’s ahead for M&A in 2020? Simpson Thacher & Bartlett and White & Case provided legal advice to the investor group. This year, we received more nominations than ever before. Nic Volpi, a Partner at Permira, commented, “Since the Permira funds’ 2018 investment in Duff & Phelps, the company has meaningfully expanded its capabilities through the strategic acquisitions of Kroll and Prime Clerk. Edward Jeffery has joined Hilco Valuation Services Europe as an associate director. Duff & Phelps advises companies on valuation, corporate finance, investigations, disputes, cybersecurity, compliance and regulatory matters. Summit Partners made a minority growth equity investment in Eclinical Solutions, a provider of software and data to the life sciences sector. Kirkland & Ellis was the company’s attorney. Mergers & Acquisitions examines the impact of 7 technologies on M&A in the retail sector. He said he prefers being owned by private-equity investors, which fund a portion of their acquisitions with debt, to being a public company.