Vol. II · No. 121  ·  Fri, May 1, 2026LIVE ·  5 deals tracked  ·  Updated 1 hr ago

Buyout Desk

Private equity, daily
The Deal Wire / Apr 30, 2026 / Add-on

The Desk Summary

Lazard to Acquire Campbell Lutyens, Forming Lazard CL Private Capital Advisory Platform

Apr 30, 2026

Brief

Lazard agreed to acquire private equity advisory firm Campbell Lutyens for about $575 million, forming a new private capital division called Lazard CL. The combined business is projected to generate $500 million in revenue in 2027 and will have more than 280 advisory professionals across 18 offices. Campbell Lutyens, founded in 1988, has raised over $713 billion for clients and operates from 15 offices across three continents.

Lazard has agreed to acquire Campbell Lutyens, a global private markets advisor, in a deal valued at approximately $575 million, with potential additional consideration of up to $85 million based on performance criteria.

The combined business will operate as Lazard CL, creating a leading global private capital advisory platform with an estimated $500 million in combined 2027 revenue, over 280 advisory professionals across 18 offices, and capabilities in primary fundraising, secondary advisory, and GP capital adv...

Deal details

Buyer
Lazard
Sponsor
Needs Verification
Target
Campbell Lutyens, Forming Lazard CL Platform
Platform
Lazard
Deal type
Add-on
Announced
Apr 30, 2026
Status
announced