trending Market Intelligence /marketintelligence/en/news-insights/trending/omk9o5hpq0xmmeojnxfg5g2 content esgSubNav
In This List

Corsair Capital acquires stake in Jackson Hewitt


According to Market Intelligence, December 2022


Private Markets 360° | Episode 1: The role of ESG in Private Equity


Next in Tech | Episode 93: World Cup excitement


Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Corsair Capital acquires stake in Jackson Hewitt

Bayside Capital Inc. portfolio company Jackson Hewitt Tax Service Inc. has been acquired by funds managed by Corsair Capital LLC.

The terms of the deal were not disclosed.

Under the agreement, representatives of Corsair Capital will join Jackson Hewitt's board, while Jackson Hewitt's existing management team will continue overseeing the company's day-to-day responsibilities.

Piper Jaffray & Co. and Jefferies LLC acted as strategic and financial advisers and Skadden Arps Slate Meagher & Flom LLP acted as legal counsel to Bayside Capital. Keefe Bruyette & Woods acted as exclusive strategic and financial adviser and Simpson Thacher & Bartlett LLP acted as legal adviser to Corsair Capital.

Bayside Capital is the credit-oriented affiliate of H.I.G. Capital LLC.