Bridgepoint cleared by CCPC to acquire £800m Interpath
The acquisition of Interpath by British private equity investor Bridgepoint valuing the former KPMG UK restructuring business at £800m (€916m) has been approved by the Competition and Consumer Protection Commission (CCPC).
The regulator found that the proposed transaction would not substantially lessen competition in Ireland.
Interpath is primarily active in restructuring and advisory services, including insolvency, transaction advisory, value creation, and related support services.
The company operates in Europe, Asia-Pacific and the Caribbean and its activities are primarily centred on specialised corporate advisory work.
It employs over 1,000 people in Ireland, the UK, France, Germany, Spain and Hong Kong, and its management team will continue to lead the business after the deal is completed.
Bridgepoint is active in private equity, infrastructure and private credit, and its invests across sector such as industrials, business & financial services, healthcare, and technology.
The deal will see Interpath's current owner, HIG Capital, exit the business five years after acquiring it from KPMG for a reported £380m in 2021.
The business has more than doubled its EBITDA and has seen strong revenue growth under HIG's guidance.
Kieran Wallace and Eamonn Richardson, formerly of KPMG, and Ken Fennell and Mark Degnan, formerly of Deloitte, established an Irish arm in 2022. The firm has around 120 staff across offices in Dublin, Belfast and Cork.
Speaking after the deal was announced in January, Interpath CEO Mark Raddan said: “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.
“We are incredibly grateful to HIG 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.
The CCPC has cleared Bridgepoint's deal for Interpath
"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.”
Photo: (l-r) Kieran Wallace, Conor McCarthy and Liam Booth of Interpath in May 2025. (Pic: Supplied)
Comments (0)