Private equity firm Bridgepoint has agreed to acquire a majority stake in Interpath, a former KPMG restructuring unit, in a deal valuing the advisory firm at £800 million. The transaction will see HIG Capital exit as the selling shareholder. Interpath, which was spun out from KPMG UK in 2021, provides restructuring, advisory, and turnaround services.

This acquisition highlights the ongoing consolidation within the professional services and special situations advisory market. For Bridgepoint, this move represents a strategic investment into the high-demand insolvency and corporate recovery sector, which sees increased activity during economic uncertainty. The deal underscores the strong appetite from private equity for professional services platforms with proven track records and recurring revenue potential.

It also demonstrates the successful execution of a private equity-backed management buyout model, where Interpath has grown significantly since its separation from the Big Four accounting firm.