US Edition
Manulife to Acquire Comvest Credit Partners, Creating a Leading Private Credit Platform
ONTARIO, CANADA, AUG 7 – Manulife will own 75% of Comvest, combining US$18.4 billion in assets to expand its private credit platform, with the deal expected to boost earnings immediately, company said.
- On August 6, 2025, Manulife Financial Corporation revealed plans to acquire a 75% stake in Comvest Credit Partners for US$937.5 million as part of its strategy to grow its presence in the private credit market.
- This acquisition follows Manulife's 2024 CQS acquisition and reflects its strategy to grow earnings from its highest potential businesses, targeting private credit's growth.
- Comvest oversees $14.7 billion through a diversified private credit strategy and will combine forces with Manulife’s Senior Credit group, which manages $3.7 billion, to establish a joint platform totaling $18.4 billion in assets.
- Phil Witherington, Manulife CEO, said the deal adds ‘‘differentiated capabilities in private credit’’ and expects immediate accretion to core EPS, ROE, and EBITDA margin.
- The transaction, funded with cash on hand and subject to closing conditions, is expected to close in Q4 2025 and enhance Manulife’s Global Wealth and Asset Management growth.
55 Articles
55 Articles
The Berkshire Eagle
Manulife to Acquire Comvest Credit Partners, Creating a Leading Private Credit Platform
Consistent with Manulife's strategy to increase earnings from its highest potential businessesComvest is a rapidly growing, middle market private credit managerAlignment creates a comprehensive US$18.4 billion1 private credit asset management platformComvest leadership will lead the aligned private credit platform and…
Manulife to Acquire Comvest Credit Partners - Markets Media
Consistent with Manulife’s strategy to increase earnings from its highest potential businesses Comvest is a rapidly growing, middle market private credit manager Alignment creates a comprehensive US$18.4 billion1 private credit asset management platform Comvest leadership will lead the aligned private credit platform and there will be no changes to investment process or strategy Financially attractive transaction for Manulife shareholders, expec…
US - Manulife To Acquire Comvest Credit Partners. - Conventus Law
Skadden is advising Manulife Financial Corporation in connection with its announcement that Manulife, through its more than $900 billion Global Wealth and Asset Management segment, has signed an agreement to acquire 75% of Comvest Credit Partners for $937.5 million in upfront consideration. As part of the agreement, Manulife will align its $3.7 billion Senior Credit team with Comvest, creating an $18.4 billion private credit asset management pla…
Coverage Details
Bias Distribution
- 56% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
