Deal Snapshot
INVESTCORP CLOSES MAJORITY ACQUISITION OF CM INVESTMENT PARTNERS
Monday 16 September 2019

US-based alternative investment products provider Investcorp has closed its acquisition of a majority interest in CM Investment Partners LLC, which acts as the investment adviser to Investcorp Credit Management BDC, Inc. (formerly known as CM Finance Inc) (NASDAQ: ICMB (formerly CMFN)), the firm said.
The transaction was first announced in June 2019. Investcorp Credit Management BDC, Inc., a specialty finance company that has elected to be regulated as a business development Company, invests primarily in the debt of US middle-market companies.


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Details
Date Published: 16/09/2019
Target: CM Investment Partners/majority stake
Country: USA
Sector: Banking/Financial Services
Type: Corporate acquisition
Status: Closed
Vendor: Cyrus Capital Partners, L.P. and Stifel Venture Corp
Buyer: Investcorp Credit Management US
Buyer Advisor: Raymond James,  
Comment:
Terms of the deal were not disclosed

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