Interpath, the international financial advisory firm, has today announced that Bridgepoint, one of the world’s leading mid-market investors, has entered into exclusive negotiations to acquire a majority stake in the business, as Interpath embarks on the next phase of its growth journey.
The potential transaction would mark a successful exit for H.I.G. Capital, which has supported the business since its carve-out from KPMG UK in 2021. Terms of the potential transaction were not disclosed.
Since becoming an independent business, Interpath has rapidly established itself as a leading UK-headquartered advisory platform, providing multi-service Office of the CFO support across restructuring and turnaround, deals and broader advisory services to corporates, private equity sponsors, lenders and other stakeholders.
Interpath employs over 1,000 professionals globally across 12 countries including the UK, Ireland, France, Germany, Spain, the Caribbean and Hong Kong. It is led by an experienced senior management team, which will continue to lead the business following completion.
Since the carve-out, Interpath has delivered strong performance, underpinned by increased demand for its portfolio of services and its ability to attract and retain top talent. The business has more than doubled EBITDA and continues to deliver strong revenue growth, reflecting both market conditions and the strength of its platform, people and client relationships.
Interpath operates at the intersection of several very large and attractive markets. Its heritage in restructuring and turnaround, a truly technical discipline with high entry barriers and counter-cyclical resilience, is coupled with its complementary and rapidly expanding deals and advisory practice offering significant long-term growth opportunities as organisations increasingly seek independent, conflict-free advice.
With Bridgepoint’s support, Interpath will focus on accelerating its international expansion, continuing to attract and retain top talent, broadening its service offering across existing and new geographies, and selectively pursuing strategic acquisitions to further strengthen its platform.
The new partnership stands to benefit from Bridgepoint’s deep expertise in working with global professional services platforms, where the firm has a long track record of backing high-quality, specialist, people-led companies that start with a strong European base and helping them expand globally by attracting new talent and through M&A. Bridgepoint has previously or currently supports a significant number of professional services firms including Alpha FMC, HKA, HT Digital, Analysys Mason, Argon & Co, Forward Global and ERM.
Mark Raddan, CEO of Interpath, commented: “Today marks an exciting new chapter for Interpath as we embark on a new partnership with Bridgepoint. 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.”
Mark Raddan added: “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, commented: “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.
Interpath were advised by Moelis & Company (Financial Advisor), Simpson Thacher & Bartlett (Legal Advisor), PwC (Financial & Tax Due Diligence), OC&C (Commercial Due Diligence), Milbank (Management Legal Counsel), Jamieson (Management Incentive Plan) and iPsychTec (Culture).
Bridgepoint was advised by Goldman Sachs International and Jefferies International (Lead Financial Advisors), Latham & Watkins (Legal Advisor), BCG (Commercial Due Diligence), EY Parthenon (Financial, Tax, IT & Cyber and ESG Due Diligence) and Singulier (AI Due Diligence).
