Centralis Group, a global alternative asset and corporate services provider, has welcomed HGGC, a partnership-focused investment firm, as its new majority investor.
Having signed in February 2025, the transaction has passed customary closing conditions, including requisite regulatory approvals.
Centralis collaborates with alternative investment managers and multinational corporations, offering fund administration, special purpose vehicles-fund linked services, capital markets, global expansion and governance solutions.
Centralis currently operates in a global total addressable market estimated at circa €18 billion.
Backed by HGGC’s experience and capital, Centralis plans to accelerate its expansion into new geographies, with the US a priority, while also developing additional business lines to meet these evolving client needs.
HGGC has a long track record of scaling technology, business services, financial services, and consumer enterprises.
Its ecosystem of investors, operators, and professionals share a mission to build leading enterprises and long-term value, says the firm
On completion, HGGC’s David Chung and Matt Roesch joined the board of Centralis Group as non-executive directors, while CBPE resigned its position on the board effective immediately.
Centralis’ management has retained a material shareholding.
Aidan Foley, CEO of Centralis, comments: “On behalf of everyone at Centralis, I am delighted to welcome HGGC as our new majority shareholder and strategic partner.
“We look forward to sharing further details of our growth strategy in the months ahead.”
A spokesperson from HGGC adds: “We are pleased to complete this investment in Centralis, a market-leading business with significant growth potential.
“HGGC backs businesses that it strategically and culturally aligns with, and Centralis is a business we have long admired.
“We look forward to partnering with Aidan and the management team to position the company to capture opportunities in today’s dynamic financial services sector.”