Lazard Completes Campbell Lutyens Acquisition, Launches Lazard CL Private Capital Unit

Lazard completed its acquisition of Campbell Lutyens and launched Lazard CL, an integrated private capital advisory platform, TradingView reported on November 2, 2026. Lazard expects approximately $500 million in combined revenue and accretive earnings in 2027 before synergies. The deal was paid in stock, with seller lock-ups of up to three years.

Lazard CL and the Stock-Paid Terms

Lazard is a global financial advisory and asset management firm serving corporations, governments, financial sponsors and high net worth individuals across 26 countries. Campbell Lutyens is the largest independent private capital adviser, according to company records.

The acquisition closed with upfront consideration paid in stock, and sellers are subject to lock-ups of up to three years. Lazard launched Lazard CL as an integrated private capital advisory platform following the close. Lazard expects the combined business to generate approximately $500 million of estimated revenue and to be accretive to earnings in 2027 before synergies.

Campbell Lutyens Deal Terms on Record

Lazard announced the Campbell Lutyens acquisition in April 2026 for approximately $575 million, plus up to $85 million in additional performance-based consideration, in an all-stock deal, according to akta.pro company records. The same records describe Lazard CL as the firm's third global business, with more than 280 advisory professionals across 18 offices and projected revenue of about $500 million in 2027.

Lazard's Advisory Expansion Before the Close

In March 2026, Lazard and Elaia launched the Lazard Elaia Capital joint venture to deploy flexible capital into established European software businesses, with assets under management exceeding €1 billion and a $100 million investment in DentalMonitoring as its first deployment, according to company records. In October 2026, Lazard reported an 11% year-over-year increase in adjusted net revenue in its Q3 2026 earnings call, driven by expanding M&A deal activity, The Motley Fool reported. Also in October 2026, creditors to Resource Label Group hired Lazard to prepare for restructuring talks with the Ares-backed packaging company, The Wall Street Journal reported.

Lazard CL's Revenue Target for 2027

Lazard expects approximately $500 million in combined revenue from the Campbell Lutyens business and accretive earnings in 2027 before synergies, the company said. Lazard launched Lazard CL as an integrated private capital advisory platform alongside the close.