4 publicly disclosed transactions where Clairvest Group played an advisory, financing or investing role, most recent first.
Apr 1, 2026
Star Waste Systems
Seller · Environmental services / waste
Buyer Casella Waste Systems, Inc. · Seller Clairvest (CVG and CEP VI) and other Star Waste equity holders
Completed exit from a Greater Boston waste business backed since July 2022; total proceeds were US$138.6 million (2.6x invested capital), with CVG receiving about US$38 million. Eighth realization in environmental services.
Dec 12, 2025
F12.net
Seller · Managed IT services
Buyer Undisclosed middle-market growth private equity firm · Seller Clairvest (CVG and CEP VI)
Sale of Clairvest's stake in Canadian managed service provider F12, first backed in November 2020, alongside a majority investment by a growth-oriented PE firm; Clairvest received about C$163 million (CVG C$44 million), a 4.6x multiple and 35% IRR.
Dec 3, 2025
Acera Insurance Services
Seller · Insurance brokerage
Buyer Navacord Corp. (merger) · Seller Clairvest (CVG and CEP VI)
Full exit from a minority stake held since Acera's 2022 formation, as part of Acera's merger with Navacord. Clairvest reported total proceeds of C$406.5 million (including an C$81.5 million promissory note), 3.0x invested capital.
Oct 16, 2025
MGM Northfield Park (operations)
Acquirer · Gaming (racino)
Buyer Clairvest (CVG and CEP VII), with RRC Gaming Management · Seller MGM Resorts International
Acquisition of the Ohio racino's operations from MGM with RRC Gaming Management; Clairvest and some CEP VII co-investors put in US$165 million for majority ownership, US$39 million of it from CVG. Fourth CEP VII investment and the firm's 70th platform. US$546 million price as reported by NEXT.io (not in Clairvest's release).
