Carrick
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As part of the transaction, Carrick will assume the company’s staff and operations.
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Selling investor Zimmer said the deal was concluded at a premium to book value, but no numbers were disclosed.
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The market has suffered from a glut of capital, and a number of structural features that make winning hard.
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The transaction will coincide with a CEO succession as Karl Wall hands the reins to M&A head Tom Nichols.
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The business launched in 2020 with $100mn in initial capital.
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