Financial services private equity firm
Corsair Capital
- HeadquartersNew York, NY S2
- Founded1992 S1
- Websitecorsair-capital.com
- Last verifiedOctober 22, 2026
At a glance
| Deal types | Platform, Add-on, Minority S3 |
|---|---|
| Geography | North America, Europe S3 |
| Sectors | Software & SaaS, Wealth Management, Insurance Brokerage, Accounting & Professional Services |
What Corsair Capital buys
Corsair is a New York and London investment firm whose buyout business began as a private equity group inside J.P. Morgan in 1992 and became independent and partner-owned in 2006. This profile covers only that buyouts business. It invests only in financial services, in three areas: payments (integrated, international and B2B), software (vertical and enterprise software, risk and compliance, HR and finance tools) and business services (wealth and asset management, insurance services, professional services, healthcare services, trust and corporate services). Corsair says the strategy has invested $10.1 billion since 1992, including $5.9 billion from co-investors, and it had 13 current buyout companies in mid-2026.
It targets companies in North America and Europe with enterprise values of $150 million to $750 million, going larger alongside co-investors. It leads or co-leads, takes control or a stake with real influence, joins the board and keeps leverage modest. That is well above most founder-owned businesses. A smaller firm is more likely to meet Corsair as an add-on to a holding such as Composition Wealth, which bought two Seattle advisory firms in 2025.
Recent deals
Announced in the 24 months before October 22, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| May 2025 | Corsair Riva continuation vehicleAbout $600 million multi-asset continuation vehicle, led by Coller Capital, holding IDnow, Redpin and ZEDRA, plus a secondary fund for IDnow | Fund close | Source | |
| Apr 2025 | eurochangeUK travel money and transfer business sold to Western Union, completing Corsair's exit from NoteMachine | Exit | Source | |
| Mar 2025 | IDnowCorsair moved from the minority stake it took in 2019 to majority ownership of the German identity verification company | Investment | Software & SaaS | Source |
| Mar 2025 | Vinoble Group and Unionview Wealth PartnersTwo Seattle wealth advisory firms added to Composition Wealth | Add-on | Wealth Management | Source |
| Mar 2025 | First Eagle InvestmentsCorsair's stake sold as Genstar Capital took a majority position in the New York asset manager | Exit | Source |
Portfolio by sector
From the firm's portfolio page S4.
Asset & Wealth Management
- Composition Wealth
B2B Payments
- TreviPay
Governance, Risk & Compliance
- IDIQ
- IDnow
Healthcare Services
- Spring Venture Group
Insurance Services
- Corsair European Insurance Services
Integrated Payments
- Flute
- HungerRush
International Payments
- Redpin
Non-Insurance Distribution
- Axo
Professional Services
- Jackson Hewitt
Trust & Corporate Services
- ZEDRA
Vertical Software
- Xceptor
Past investments: eurochange, First Eagle, Oakbridge Insurance, Personal Capital, PJT Partners (CamberView), REPAY, RGI
Greymont’s take
How Corsair Capital fits a seller
Corsair fits owners of larger financial services businesses, such as wealth advisors, insurance brokers, payments companies or software providers to banks and insurers, with enough scale to be worth more than $150 million. It knows these niches well and backs management teams that grow by acquisition, as with Composition Wealth in US wealth management and MJM, a Polish commercial insurance broker that anchors its European insurance platform.
A sale usually means Corsair taking control or a large minority stake, with board seats and a plan to sell in several years. IDnow shows the range: a minority investment in 2019, a majority stake in March 2025, then a move into a continuation vehicle two months later. Owners below Corsair's size range should ask whether one of its platforms is buying. Every seller should ask how long Corsair expects to hold and how much equity management keeps.
Questions owners ask
What size companies does Corsair invest in?
Its buyouts team targets enterprise values of $150 million to $750 million and will pursue larger deals alongside co-investors. It invests in North America and Europe and aims for attractive entry prices with modest leverage.
What industries does Corsair focus on?
Only financial services, split into payments, software and business services. Business services covers wealth and asset management, insurance services, professional services, healthcare services, and trust and corporate services.
Does Corsair take minority stakes?
Sometimes. It looks for control or material influence, with a board seat and a lead or co-lead role. Its 2019 investment in IDnow began as a minority stake, and Corsair bought a majority of the company in March 2025.
Sources
- S1Corsair home page Accessed October 22, 2026
- S2Corsair: Firm Accessed October 22, 2026
- S3Corsair: Buyouts Focus Accessed October 22, 2026
- S4Corsair: Buyouts Portfolio (selected investments) Accessed October 22, 2026
- S5Corsair: Buyouts Insights Accessed October 22, 2026
- S6IDnow Announces Strategic Majority Investment from Corsair Capital (March 6, 2025) Accessed October 22, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Corsair Capital. Figures are as reported on the dates shown and may have changed. Request a correction