Growth investor General Atlantic to acquire UK-based Actis

General Atlantic, a prominent global growth investor, today said it has entered into a definitive agreement to acquire Actis, a key player in sustainable infrastructure investment. 

While the financial terms of the detail weren't revealed, The acquisition will create a diversified global investment platform boasting approximately $96 billion in combined assets under management (AUM). 

What will be changed for Actis?

Post-acquisition, Actis will become the sustainable infrastructure arm within General Atlantic's global investment platform. Actis, with $12.5 billion in AUM and a history of raising over $25 billion since its inception, will continue to operate under the leadership of Chairman and Senior Partner, Torbjorn Caesar.

Importantly, Actis will retain its independence in investment decisions and processes, continuing to operate under its existing brand.

Diversified investing platform

The merger is set to create a more diversified investing platform, combining General Atlantic's expertise in growth, credit, and climate solutions with Actis' focus on sustainable infrastructure.

The partnership is expected to unlock opportunities at the intersection of energy transition, digitization, and economic growth in emerging markets. The combined platform will offer a broader set of investment solutions, enhancing capabilities in deal sourcing and company building, as per the company's statement.

The transaction, expected to close in Q2 2024, is subject to customary closing conditions, including regulatory and anti-trust approvals and investor consent. 

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