Lovell Minnick Partners has closed a single-asset continuation vehicle for SRS Acquiom in a transaction led by Carlyle AlpInvest, extending Lovell Minnick’s ownership partnership with the M&A and loan transaction services provider first established through a majority investment in 2018.
The continuation vehicle will provide additional capital and a refreshed ownership structure designed to support SRS Acquiom’s next phase of growth, including international expansion across the UK and Europe, continued strategic acquisitions, and further investment in tech-enabled solutions that streamline administrative workflows for M&A transactions and private credit deals.
Lovell Minnick said SRS Acquiom has expanded the breadth and depth of its offerings and its geographic footprint since the firm’s initial investment, driving gains in revenue and profitability while adding jobs across the organization. Under the new structure, existing and new investors, co-investors, and members of SRS Acquiom’s management team will remain involved as shareholders alongside Lovell Minnick and Carlyle AlpInvest.
Executives from both sponsors framed the deal as a conviction-led re-underwriting of the asset, citing SRS Acquiom’s growth and differentiated position in transaction services. SRS Acquiom CEO Paul Koenig said the transaction will enable the company to pursue acquisitions while also investing organically in talent, technology, and services to enhance the client experience and support international expansion.
Support: Evercore served as the primary financial advisor to Lovell Minnick, and Kirkland & Ellis served as primary legal counsel on the transaction.
KEY QUOTES:
“This continuation fund underscores our strong conviction in SRS Acquiom as they further their position as a leader in the transaction services market. As we deepen our partnership with the SRS team, we look forward to providing additional resources to support the Company’s next phase of growth.”
Steven Pierson, Managing Partner, Lovell Minnick Partners
“SRS prioritizes bringing advanced technology and high-quality services to its clients, helping transform the future of how M&A transactions and private credit deals are managed. We look forward to continuing our work with the Company’s management team to accelerate growth and launch several new solutions for clients.”
Tom Hutchins, Principal, Lovell Minnick Partners
“SRS Acquiom has consistently demonstrated strong growth while establishing a differentiated market position. Lovell Minnick has built impressive scale with the business over the past decade, and we’re excited to invest alongside them to support SRS Acquiom’s continued momentum.”
Michael Hacker, Partner and Co-Head of Secondary and Portfolio Finance Investments, Carlyle AlpInvest
“Lovell Minnick shares our vision to streamline the M&A and loan agency processes. This transaction provides additional capital to support strategic acquisitions across our business, complementing our organic growth strategies. In terms of organic growth, the transaction enables us to further invest in our people, technology, and services to continue to deliver a best-in-class experience for our clients, while also supporting our expansion into international markets.”
Paul Koenig, CEO, SRS Acquiom
