Carlyle agrees to buy minority stake in Prime Capital Financial as Abry exits investment
CG•Carlyle to take minority stake in Prime Capital Financial
Carlyle agreed to acquire a minority ownership interest in Prime Capital Financial to support continued growth; financial terms were not disclosed.
ABRY Partners exited its investment in Prime Capital Financial.
Abry invested in Prime Capital Financial in 2023; the firm expanded to 68 offices with nearly $50 billion in assets under management.
The transaction is expected to close in mid-September, subject to regulatory approvals.
