PAI Partners in exclusive negotiations to acquire majority stake in Cyrus Group

Core Insights - PAI Partners is in exclusive negotiations to acquire a majority stake in Cyrus Group, a prominent independent wealth management brand in France, with the aim of enhancing growth and market presence [1][5] - Cyrus Group currently manages over €20 billion in assets and serves more than 30,000 institutional and private clients, indicating a strong market position [1][6] Strategic Partnership - The partnership with PAI Partners is expected to drive sustainable organic growth and expand product distribution, addressing the increasing sophistication and internationalization of client needs in the wealth management market [2] - Cyrus Group plans to implement a comprehensive growth strategy based on integrated expertise and a client-centric approach, leveraging PAI's support for consolidation opportunities in France and Europe [2][4] Management Vision - Cyrus Group co-presidents expressed a clear ambition to transform the private banking and wealth management market through this transaction [3] - The partnership aims to establish Cyrus as a strong brand in the wealth management landscape, particularly in the emerging "non-banking" segment [4] Growth and Consolidation - PAI Partners aims to pursue sustainable organic growth and strengthen the platform through targeted consolidation opportunities in France and Europe, reinforcing Cyrus's position as a leading brand in the market [5] - The transaction is subject to regulatory approvals and is expected to close in the second quarter of 2026 [5] Historical Performance - Bridgepoint, a minority shareholder in Cyrus since 2020, will sell its stake as part of this transaction, during which Cyrus's assets under management grew from €4 billion to over €20 billion [6]