Private equity-owned restructuring group Interpath is seeking to buy a US professional-services firm with about 50 employees to establish a physical presence in the country. The firm, formerly KPMG’s restructuring unit, was spun out in 2021 and acquired by HIG Capital for £400mn before being bought by UK buyout firm Bridgepoint for £800mn in January 2026. Interpath CEO Mark Raddan stated that lacking a US base puts the firm at a disadvantage, noting they cannot win certain global jobs without local operations, citing FTX’s insolvency as an example they missed due to no US presence.

Bridgepoint partner Charles Welham said US expansion is central to their thesis, calling it the biggest and most interesting market, and that a meaningful acquisition would re-rate Interpath and enable 15 to 20 years of continued growth. Interpath currently operates in the US via partnerships and was approved by a US court in January to oversee the Prince Group restructuring. The firm is targeting expertise in restructuring, deals advice, forensic investigation, or value creation.

Under HIG, Interpath expanded into Europe via hires and acquisitions, including Kerkhoff in January 2025, and opened offices in Germany, Ireland, and offshore jurisdictions. It has advised Sir Jim Ratcliffe on Manchester United and managed administrations for retailers like Claire’s Accessories.