Media release
LGT Capital Partners leads closing of Seven2’s EUR 400 million continuation vehicle
Private equity firm Seven2 has closed its EUR 400 million continuation vehicle (CV), with LGT Capital Partners leading the transaction. The CV was launched to support the growth of two strategic assets: the managed service provider Marlink and the independent wealth management group Crystal.
Pfaeffikon and Paris, 3 July 2025. Seven2 transferred its entire minority stake in Marlink and part of its minority stake in Crystal to the CV. Both companies continue to pursue ambitious consolidation and transformation strategies. The CV was significantly oversubscribed and attracted strong interest from existing and new investors.
Since acquiring Marlink in 2016, Seven2 has supported the company’s transformation from a satellite connectivity reseller into a global provider of digital and connectivity services for the maritime sector and companies operating in remote areas. This growth has been driven by ten targeted acquisitions.
Seven2 has partnered with Crystal’s management team since 2021 to consolidate the independent financial advisory market in France. Crystal’s revenues have increased tenfold during this time as a result of double-digit organic growth and a total of 33 acquisitions.
André Aubert, Partner at LGT Capital Partners, said: “We are pleased to partner with Seven2 to support Marlink’s and Crystal’s growth journeys. Both companies have demonstrated strong performance in recent years, and we see considerable potential for continued value creation. The CV is a win-win for all parties involved: it provides existing Seven2 investors with liquidity, gives Marlink and Crystal more time and resources to further strengthen their market positions and offers LGT Capital Partners’ investors exposure to high-quality assets.”
LGT Capital Partners has been investing in the secondaries market for over 20 years, with more than 450 transactions completed to date. The Secondaries team has dedicated investment professionals in offices in Pfaeffikon (Zurich area), London, New York, Hong Kong and San Francisco, and it can leverage the capabilities of LGT Capital Partners’ overall Private Markets investment teams, which comprise a total of more than 100 individuals.
LGT Capital Partners
LGT Capital Partners is a leading global specialist in alternative investing with over USD 100 billion in assets under management and more than 700 institutional clients in 50 countries. An international team of over 900 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies, as well as sustainable and impact strategies. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo, Singapore and Sydney.
IMPORTANT INFORMATION
AuM is estimated and subject to change. Private market assets are stated in terms of committed capital. This marketing material was issued by LGT Capital Partners Ltd., Schuetzenstrasse 6, CH-8808 Pfaeffikon, Switzerland and/or its affiliates (hereafter "LGT CP") with the greatest of care and to the best of its knowledge and belief. LGT CP provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this marketing material are those of LGT CP at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are unaudited. This marketing material is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financial instruments or services and does not release the recipient from exercising his/her own judgment. This marketing material may not be reproduced either in part or in full without the written permission of LGT CP. It is not intended for persons who, due to their nationality, place of residence, or any other reason are not permitted access to such information under local law.
