PHILADELPHIA, PA & LOS ANGELES, CA & NEW YORK, NY — Lovell Minnick Partners announced the successful close of a single-asset continuation vehicle for SRS Acquiom, extending a long-running private equity partnership as the transaction services firm accelerates its next phase of expansion.
The transaction, led by Carlyle AlpInvest, builds on Lovell Minnick’s relationship with SRS Acquiom that began in 2018, when the firm made a majority investment in the company. Since then, SRS Acquiom has expanded the scope of its services, pushed into international markets, and recorded growth in revenue, profitability, and workforce, according to the firms.
SRS Acquiom provides a platform designed to manage merger and acquisition transactions as well as bilateral and syndicated loan facilities, serving clients navigating increasingly complex deal environments. Lovell Minnick said the continuation vehicle allows both existing and new investors, along with members of SRS Acquiom’s management team, to remain actively invested in the business alongside Lovell Minnick and Carlyle AlpInvest.
The deal also aligns with SRS Acquiom’s broader strategic priorities, including continued expansion across the United Kingdom and Europe, a focus on targeted acquisitions, and further investment in technology-enabled solutions across its core markets.
Lovell Minnick Managing Partner Steven Pierson said the continuation fund reflects strong conviction in SRS Acquiom’s position within the transaction services market and provides additional resources to support the company’s growth trajectory. Tom Hutchins, a principal at Lovell Minnick, said the firm plans to work closely with management to accelerate growth and introduce new client solutions.
Carlyle AlpInvest Partner and Co-Head of Secondary and Portfolio Finance Investments Michael Hacker said SRS Acquiom has demonstrated sustained growth while building a differentiated position in its sector, adding that Carlyle AlpInvest is eager to support the company’s continued momentum alongside Lovell Minnick.
SRS Acquiom Chief Executive Officer Paul Koenig said the transaction provides capital to pursue strategic acquisitions while also enabling further investment in people, technology, and services. He said the partnership supports both organic growth and international expansion as the company works to streamline M&A and loan agency processes for clients.
Evercore served as primary financial advisor to Lovell Minnick on the transaction, while Kirkland & Ellis acted as primary legal counsel.
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