The deal in which HGGC becomes the new majority investor in Centralis Group is expected to close later this year, according to a press release from the latter company dated 27 February 2025.

Centralis operates in 13 countries but is headquartered in Luxembourg. Its business lines include tailored fund administration, SPV fund linked services, global expansion and governance. HGGC’s business is to grow middle-market companies into large companies. “The firm will support the long-term strategic growth of Centralis,” says the press release.

A spokesperson for HGGC said: “Centralis is well known for its quality service, expertise in servicing complex funds and corporates and breadth of solutions, all of which have produced a stellar reputation, loyal customer base and strong growth. We are aligned with management on how to continue to unlock the potential the organisation has to offer and achieve our shared vision.”

“I have every confidence our new partnership with HGGC will support the Centralis team in our growth plans,” said Aidan Foley, CEO of Centralis, in the press release. “Together, we will be well positioned to continue to make significant inroads into the group’s markets.”