'Clearly going for scale': HPS Investment Partners acquires majority stake in Nucleus

Ayesha Venkataraman
clock • 3 min read

Private equity firm HPS Investment Partners has become a majority investor in the combined platform group made up of Nucleus and James Hay, while existing private equity owner Epris will become a "significant" minority shareholder.  The new investment, announced by Nucleus on Tuesday (29 March), will reportedly see no changes to its business model or management team. It will continue to use scale to invest in product, service and price, it said. The deal remains subject to regulatory approval and its price tag was undisclosed. PE firm Epris will continue to own a minority stake in the...

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