Transaction

Clearwater advises ECI on its investment in KB Associates

Transaction

ECI invested in KB Associates

Buy-Side

Undisclosed

Role

Advisers to ECI on their investment in KB Associates

Sector

Financial Services

Region

Ireland

KB Associates (KBA) specialises in the provision of management company, governance and compliance services, to investment funds and asset managers. The firm was founded in 2003 and has headquarters in Dublin, as well as a presence in London, New York and the Cayman Islands. KBA’s 60 consultants work with over 230 asset management firms and support investment funds in excess of €225bn.

ECI invest in management buy-outs and buy-ins for majority or minority equity investments. ECI is one of the few European private equity investors which have raised eleven consecutive funds focused on a consistent strategy.

KBA’s specialist professional services model has resulted in significant growth in recent years. This investment will allow KBA to continue to attract and develop the best talent in the industry, while simultaneously continuing to expand its product offering and grow its international presence.

The Clearwater Ireland team acted for ECI as their trusted local adviser during the transaction process. This transaction highlights both Clearwater’s local market expertise along with our international reach.

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We are delighted to be partnering with Mike and his team at KBA to help them drive the next chapter of growth. We are attracted to ambitious growth businesses with strong market positions, inspirational management teams and strong culture. KBA ticks all those boxes. We enjoyed working with the Clearwater team who provided local advice throughout the process.

Michael Butler, Investment Director, ECI
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We are delighted to have acted for ECI as their local adviser on their investment in KBA to support the company’s ambitious expansion plans. The investment by ECI will assist the next stage of KBA’s growth, facilitating continued enhancement of its service offering.

John Sheridan, Managing Partner, Clearwater Ireland

Advisers

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