Home > M&A deals 2007 > Peachtree Equity Partners LP and 2 others acquire Convergent Resources, Inc.
Secondary Buyout · Financial Services · June 2007

Peachtree Equity Partners LP and 2 others acquire Convergent Resources, Inc.

On June 1, 2007, Peachtree Equity Partners LP, Silver Oak Services Partners LLC and Alcentra Capital Corporation acquired Convergent Resources, Inc., a financial services company in Georgia, United States, from MSouth Equity Partners LLC and Northstar Capital LLC.

Deal at a glance

AnnouncedJune 1, 2007 TypeSecondary Buyout TargetConvergent Resources, Inc. Buyers Peachtree Equity Partners LP
Silver Oak Services Partners LLC
Alcentra Capital Corporation
Sellers MSouth Equity Partners LLC
Northstar Capital LLC
SectorFinancial Services LocationGeorgia, United States ValueNot disclosed

Target company

Convergent Resources, Inc.
Georgia, United States
Financial Servicessector
-founded
Activestatus
View the company profile →

Buyers (3)

Private equity firm · 34 deals on record
Private equity firm · 47 deals on record
Private equity firm · 55 deals on record
  • 1st transaction for the lead buyer in financial services
  • 7th transaction in United States
34deals, all time
4in this sector
2012latest

Sellers (2)

Private equity firm · 48 deals on record
Private equity firm · 142 deals on record
48investments
2in this sector
24exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

Related deals

Gen II Fund Services LLCSame sector and country · Oct 2026
The Marygold Companies, Inc.Same sector and country · Sep 2026
Fiduciary Trust CompanySame sector and country · Apr 2026

Questions about this deal

Who acquired Convergent Resources, Inc.?Peachtree Equity Partners LP, Silver Oak Services Partners LLC and Alcentra Capital Corporation acquired Convergent Resources, Inc. on June 1, 2007.

Who sold Convergent Resources, Inc.?MSouth Equity Partners LLC and Northstar Capital LLC were the sellers.

What type of deal was it?It was a secondary buyout in the financial services sector in 2007.

See the full picture on AcquityDataContacts, full deal histories, co-investors and deal values. Free for a day with your Google account, no card needed.
Try it free
Data updated daily on AcquityData (Acquity Data).