Carne Group has agreed to sell a minority stake to Permira at a valuation of €1.4 billion, aiming to accelerate growth and enhance its technology platform Curator.

Information on the Target

Carne Group, founded in 2004 by John Donohoe in Dublin, is the largest independent third-party management firm in Europe, specializing in fund regulation and governance services. The company operates across eight countries, serving over 700 clients, including boutique managers and global institutional investors.

Carne Group supports a wide range of financial products, including UCITS and alternative investment funds. Its extensive operational reach spans jurisdictions such as Ireland, the UK, Luxembourg, France, Germany, the Cayman Islands, Switzerland, the Netherlands, Portugal, the USA, and Japan. The firm is notable for its innovative technology platform, Curator, which automates fund administration and ensures compliance with regulatory requirements.

Industry Overview in the Target’s Specific Country

The financial services industry in Ireland has witnessed significant growth, positioning itself as a prominent hub for fund management and administration.

View Source

Similar Deals

Exponent Enva

2023

Other Private Equity Investment Holding Companies (NEC) Ireland
Goodbody Capital Partners FULFIL

2023

Other Private Equity Closed End Funds Ireland
Abry Partners AA Ireland

Other Private Equity Insurance - Automobile Ireland
Brookfield Asset Management Oaktree Capital

2026

Other Private Equity Closed End Funds United States of America
Palomar Holdings, Inc. The Gray Casualty & Surety Company

2026

Other Private Equity Casualty Insurance United States of America
East Africa Growth Holdings I&M Group PLC

2025

Other Private Equity Retail & Mortgage Banks Kenya

Permira

invested in

Carne Group

in 2026

in a Other Private Equity deal

Disclosed details

Transaction Size: $1,490M

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert