Private equity investor Bridgepoint has agreed a deal to acquire a majority stake in international financial advisory firm Interpath.
When completed, the transaction will mark a successful exit for H.I.G. Capital, which has supported the business since its carve-out from KPMG UK in 2021. The business has more than doubled EBITDA in that period.
Terms of the potential transaction were not disclosed.
Interpath provides support across restructuring and turnaround, deals and broader advisory services to corporates, private equity sponsors, lenders and other stakeholders.
The firm employs over 1,000 professionals globally across 12 countries including the UK, Ireland, France, Germany, Spain, the Caribbean and Hong Kong. Its senior management team will continue to lead the business following completion.
With Bridgepoint’s support, Interpath says it will focus on accelerating its international expansion.
Bridgepoint has previously or currently supported a significant number of professional services firms including Alpha FMC, HKA, HT Digital, Analysys Mason, Argon & Co, Forward Global and ERM.
“Today marks an exciting new chapter for Interpath as we embark on a new partnership with Bridgepoint,” said Mark Raddan (pictured), CEO of Interpath. “Not only does the team believe in our ambition, but they also share the values and culture that define who we are.
“Their investment will empower us to continue attracting exceptional talent and accelerate our expansion into new geographies across Europe, the Americas, and Asia. We are confident that with their support, we can build on our achievements, create even greater opportunities for our people, and deliver enhanced value to our clients.
“We are incredibly grateful to H.I.G. for their trust, support and belief in Interpath over the past five years. They backed our vision wholeheartedly – first, by helping us to establish strong foundations following our carve-out, and then by supporting us as we scaled both our international footprint and the services we provide.”
Charles Welham, partner and sector head for business & financial services at Bridgepoint, commented: “Interpath is a high-quality, differentiated advisory platform with a unique culture, operating in a growing market with significant opportunity for further share gains.
“What excites us most is the opportunity to support its exceptional base of talent and, by enhancing its distinctive people proposition, accelerate the pace at which more leading professionals in their fields join the Interpath platform.
“We are thrilled to partner with Interpath’s outstanding leadership team as they enter their next phase of growth — building a more international and diversified business, and continuing to win share from more constrained and conflicted competitors.”
Nishant Nayyar, managing director at H.I.G. Capital, added: “When we established Interpath five years ago our ambition was to build the leading UK restructuring and financial advisory firm under a world-class management team.
“We are proud to have supported the Company’s strong growth, geographic expansion and diversification during our ownership.
“We are grateful to our chair, Tamara Box, and the late John Connolly for their important contributions, and we commend Mark and the broader management team for what they have built. We look forward to Interpath’s continued success in its next chapter.”
The potential transaction is subject to customary closing conditions and regulatory approvals, and the completion of information and consultation processes with employee representatives where necessary, and is expected to complete in late Q2 or Q3 2026.