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.