Deals Counterparts

CVC Credit Partners provides financing for Macquarie's acquisition of Apex Group

Financing Financial Services announced Global Oct 2, 2023
USD1.2B
Deal Value

CVC Credit Partners provided financing to support Macquarie Asset Management's acquisition of Apex Group, a global financial services provider.

Source Intelligence

KEY DETAILS

CVC will acquire 100% of Marathon in a cash and equity transaction. The $1.2 billion closing consideration comprises $400 million in cash and up to $800 million in CVC equity. The transaction also includes earn-out consideration linked to Marathon’s future financial performance over the period from FY2027 to FY2029, of up to $200 million in cash and $200 million in CVC equity.

Deal Size
CVC has agreed to acquire 100% of Marathon in a cash and equity transaction with a base consideration valued at up to $1.2 billion.
Location
CVC acquires leading US credit manager Marathon Asset Management
Announcement
26 January 2026
Signing
26 January 2026
Expected Close
The transaction is subject to regulatory and other consents and is expected to close in Q3 2026.
PARTIES MENTIONED IN SOURCE
C
CVC buyer

"CVC has agreed to acquire 100% of Marathon"

M
Marathon Asset Management seller

"CVC acquires leading US credit manager Marathon Asset Management"

J
JP Morgan advisor

"Advisers to CVC included JP Morgan"

F
Freshfields advisor

"Advisers to CVC included JP Morgan, Freshfields"

F
Fried Frank advisor

"Advisers to CVC included JP Morgan, Freshfields, Fried Frank"

E
Ernst & Young advisor

"Advisers to CVC included JP Morgan, Freshfields, Fried Frank and Ernst & Young."

S
Sidley Austin advisor

"Advisers to Marathon included Sidley Austin."

high quality Enriched Feb 19, 2026

Timeline

Announced
Oct 2, 2023
Signed
Jan 26, 2026
Closed
1 of 1 Financial Services deals tracked this month · Updated daily

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