Claure Group, a multi-billion-dollar global investment firm, has acquired a non-control, minority stake in Brightstar Capital Partners, a middle-market private equity firm.

Brightstar focuses on investing in closely held family, founder, or entrepreneur-owned firms that it believes it can drive significant value. The firm’s portfolio companies have a combined workforce of nearly 20,000 for an Ebitda of around $600 million.

“We are proud to announce this significant milestone in Brightstar’s history,” says Brightstar founder and CEO Andrew Weinberg. “Marcelo Claure is a respected and highly regarded investor and operator and has been a friend and mentor for twenty years. I believe he will be an ideal partner as we continue to scale and focus on providing returns for our investors.”