Mountaingate Capital

“Grant Thornton agreed to buy CBIZ (NYSE: CBZ) for $5b in cash, creating one of the country's largest accounting firms. Grant Thornton backer New Mountain Capital is making a new investment to support the deal.”

“New Mountain Capital has quietly built out a GP-led secondaries strategy called Atlas... seeking to raise up to $2 billion.”

“We can go to a sponsor and say, 'Let us catalyze a GP-led, give liquidity to your LPs, and by the way, we believe your number-one most synergistic competitor is going to be for sale in two months.'”