Carlyle sells OIL to European PE firm
The Carlyle Group has sold its portfolio asset Offshore Incorporations Group (OIL), a holding group specializing on the set up of offshore corporations, to European PE firm IK Investment Partners for an undisclosed price.
Earlier reports suggested that Affinity Equity Partners and Bain Capital also bid for the asset. According to a company statement, IK intends to merge OIL's corporate service brands, Acceptor and Credence...
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