Affiliated Managers Group Acquires Minority Stake in Montefiore Investment.

Affiliated Managers Group, Inc. has agreed to acquire an unknown minority stake in Montefiore Investment, SA. The deal is subject to customary closing conditions and is expected to be completed between July 28, 2025 and December 31, 2025. The acquisition aims to expand the company's investment capabilities and enhance its portfolio.

Affiliated Managers Group, Inc. (AMG) has announced its intention to acquire a minority equity interest in Montefiore Investment, a leading European private equity firm focused on the services sector. The agreement, subject to customary closing conditions, is expected to be finalized between July 28, 2025, and December 31, 2025. The move aims to expand AMG's investment capabilities and enhance its portfolio.

Montefiore Investment, founded in 2005, has a 20-year track record of delivering top-tier returns. The firm manages €5 billion in assets under management (AUM) and has a strong presence in France and southern Europe. With offices in Paris, Milan, and Madrid, Montefiore specializes in investing across the services sector in small- and mid-cap companies, scaling them through a systematic and differentiated approach to value creation [1].

Under the terms of the agreement, Montefiore's management will retain a substantial majority of the firm's equity and continue to lead the organization. The investment from AMG will provide Montefiore with capital to further develop its capabilities and team, as well as to enhance its alignment with clients. This partnership further diversifies AMG's business and expands its participation in global private markets.

Jay C. Horgen, Chief Executive Officer of AMG, expressed his satisfaction with the partnership, stating, "We are pleased to partner with Montefiore, a premier private equity manager with a two-decade track record of delivering exceptional returns to clients" [1]. Montefiore's co-founders, Éric Bismuth and Daniel Elalouf, also welcomed the partnership, highlighting AMG's long-term orientation and worldwide reputation as a collaborative partner.

The terms of the transaction were not disclosed, and the closing is expected to be subject to customary conditions. This partnership underscores AMG's commitment to strategic investments in high-quality independent partner-owned firms, aiming to generate long-term value and support the independence and ownership culture of its affiliates.

References:
[1] https://www.marketscreener.com/news/amg-and-montefiore-investment-announce-partnership-ce7c5fd8da81f226