HIG joins the race to buy KPMG's restructuring arm
February 8, 2021
HIG Europe has become the latest private equity investor to make a bid for KPMG's UK restructuring arm, Sky News reports. The asset, which is being sold to address potential conflicts of interest within the group, is expected to fetch as much as £400 million. There are now said to be four investors, including Intermediate Capital Group, shortlisted to acquire the business.