ARC Group Acquires US Private Equity and Advisory Firm Luminous Capital to Strengthen Leadership in Investment Opportunities Between Asian and Western markets.
ARC Group is an international investment bank and financial services firm headquartered in Shanghai. Established in 2015, ARC Group is a global leader in SPAC and IPO advisory. In 2022, the firm was ranked no.1 in De-SPAC in the U.S. by SPACInsider.
SHANGHAI, Feb. 14, 2023 /PRNewswire/ -- ARC Group, a global leader in M&A and Capital Markets Advisory, has entered into an agreement to acquire a controlling profit-sharing interest in US-based private equity and advisory firm Luminous Capital Inc. ("Luminous"). This strategic acquisition aims to further solidify ARC Group's position as a leader in global financial advisory and management consulting services through giving them a New York City presence as well as offering additional exposure for their clients and investors to US markets.
The transaction enhances the global reach and service width for both ARC and Luminous. ARC Group and Luminous Capital both expect to see synergies across various practice lines including M&A, Capital Markets Advisory, Financing, Operational Restructuring and Private Equity.
Luminous Capital Partners John Darwin, Joshua Mann and Mac McDonald will be integrated at a corporate level with John and Josh joining ARC Group as Managing Directors and Mac as Senior Vice President.
ARC Group President Sergio Camarero commented: "This is another key milestone in our growth strategy. Luminous Capital gives us a US presence in the financial hub of the world – New York City. We have worked with the Luminous team on their SPAC and observed the excellence and integrity to which their team brings to their advisory and investing practice. Luminous Capital is a step further in building out the ARC platform as we look to become an international financial institution strengthening the opportunities between Asia and the rest of the world."
Managing Partner John Darwin commented: "Luminous Capital and ARC Group are a natural complement to each other's expertise and resources. We are excited to join ARC Group and offer a unique investment strategy through our high yield credit fund to ARC's capital network in addition to assisting with a U.S. presence for their leading advisory practice."
About ARC Group
Established in 2015, ARC Group is a full-service financial institution deeply rooted in Asia with global reach. They are global leaders in M&A and Capital Markets advisory. According to spacinsider.com league tables, ARC ranks 1st as M&A financial advisor by transactional value, market share and by number of transactions in 2022.
ARC Group works with companies to help them develop a comprehensive Capital Markets strategy, raise their visibility on the financial arena and position them for long-term success, regardless of whether they choose to pursue a strategic transaction, a round of financing, an IPO or SPAC. They provide a full spectrum of Investment Banking and Advisory services.
ARC Group acts as a bridge to connect Asia with Europe and America. With offices in mainland China, Hong Kong, Singapore, Indonesia, Malaysia, India, UAE, Mexico and New York, they are well-positioned to provide on-the-ground cross-border financial advisory services.
For more information, visit: https://arc-group.com/.
About Luminous Capital
Established in 2019, Luminous Capital Inc. is a private equity firm with offices in New York, Toronto, and Denver.
The team represents a valuable combination of careers in banking, investing and first-hand experience of building, operating and monetizing successful private and public ventures.
We work with our partners to expand their business and vision by providing the necessary access to the capital markets paired with informed financial advice and business strategies from a wealth of experience. Utilizing our global reach, access to synergistic capital partners and operational expertise, we offer a range of services to investors and operators around the world.
Contacts
ARC Group
Sergio Camarero
President
sergio.camarero@arc-group.com
Luminous Capital
John Darwin
Managing Partner
jdarwin@luminouscap.ca
Source: ARC Group