NEW YORK, NY, [Current Date] – Gcp Capital Partners (“GCP”), a prominent middle-market private equity firm, has announced its strategic acquisition of Kurtzman Carson Consultants LLC (“KCC”), a leading provider of specialized legal services. This acquisition, finalized on May 2, 2023, marks a significant step for both firms, poised to enhance KCC’s service offerings and solidify its market leadership in corporate restructuring, class action and mass tort administration, and trustee and fiduciary services. The financial terms of the deal remain undisclosed.
GCP Capital Partners’ acquisition of KCC from its previous owner, Computershare Limited, signals a strong vote of confidence in KCC’s established business model and future growth potential. Kirkland & Ellis LLP acted as the legal advisor for GCP Capital Partners in this transaction, highlighting the sophisticated nature of the deal and GCP’s commitment to strategic investments.
Bryan Butvick, returning to KCC as CEO, expressed enthusiasm about the partnership, stating, “This is an exciting day for KCC’s employees and clients. The expertise and strategic positioning KCC will receive from GCP will help us accelerate our growth goals while maintaining and raising our high standard of service to our clients.” This sentiment underscores the anticipated synergistic benefits of the acquisition, combining GCP’s investment acumen with KCC’s operational excellence.
Gerry Mullins, President of KCC, echoed this positive outlook, adding, “Along with all of the other KCC executives, I look forward to KCC’s new chapter and working with GCP to continue strengthening and expanding our service offerings.” The unified front presented by KCC’s leadership team reinforces the smooth transition and shared vision for future growth under GCP Capital Partners’ guidance.
Boris Gutin, Co-Managing Partner of GCP, elaborated on the strategic rationale behind the acquisition, “We have had success investing in the legal services industry. As a leader and pioneer in that industry, we found the perfect partner in KCC. We are eager to assist Bryan, Gerry, and the entire KCC team with providing capital and strategic support for their future expansion plans,” This statement emphasizes GCP Capital Partners’ targeted approach to investing in high-potential legal service businesses and their commitment to actively supporting KCC’s expansion strategy.
The acquisition is effective immediately, with both GCP Capital Partners and KCC prioritizing a seamless transition for clients and employees. This commitment aims to ensure uninterrupted service and continued high-quality support for KCC’s extensive client base.
About GCP Capital Partners
GCP Capital Partners, LLC (“GCP”) stands as a well-established middle-market private equity investment firm, managing $1.8 billion in committed capital since its inception in 2000. With a portfolio of over 70 completed transactions, GCP demonstrates a robust track record of successful investments. The firm’s principals bring over a century of combined private equity experience, further enhanced by substantial personal capital invested in their funds, aligning their interests with those of their investors and portfolio companies.
GCP Capital Partners strategically targets investments across various sectors, including tech-enabled business services, payments, and select financials. Their investment philosophy centers on a partnership approach, fostering collaborative relationships with management teams. GCP prides itself on a strong reputation for integrity and transparency in its dealings with business owners, shareholders, and employees, making them a preferred partner for businesses seeking both capital and strategic guidance.
For further details about GCP Capital Partners and their investment approach, please visit www.gcpcapital.com.
About KCC
KCC redefines industry standards within the legal sector by placing client needs at the forefront of its operations. Leveraging the expertise of seasoned professionals, KCC delivers unparalleled client service, deep industry knowledge, and innovative technology solutions. These resources are strategically deployed to support critical business processes and complex transactions, ensuring efficiency and optimal outcomes for their clients.
KCC’s comprehensive suite of services is essential for organizations navigating corporate restructuring, class action lawsuits, mass tort litigation, and requiring trustee and fiduciary services. Their commitment to innovation and client-centric solutions positions KCC as a vital partner for legal professionals and businesses across diverse industries.
Explore KCC’s extensive service offerings and client-focused approach at www.kccllc.com.
Contacts:
KCC
Casey Ives
201-273-2167
[email protected]
SOURCE Kurtzman Carson Consultants LLC
