Advent International
Final close: Sponsors fight through buyout fundraising drought
With EUR 100.5bn in commitments this year, European buyout fundraising is likely to be the lowest since 2018
The Bolt-Ons Digest – 11 November 2022
Unquote’s selection of the latest add-ons including Hg and ICG's Iris, Inflexion's THE, Bain's House of HR and more
Advent to merge Caldic with Wilbur-Ellis’ Connell
Focused on nutrition, pharma, and industrial formulations, group aims to expand in APAC, LatAm
The Bolt-Ons Digest – 16 September 2022
Unquote’s selection of the latest add-ons with A&M's Ayesa, BC Partners' Valtech, Advent's IRCA, EQT's IVC Evidensia and more
Advent, GHO could explore sale of intensive care providers in 12-18 months
Deutsche Fachpflege and Linimed expected to hit German auction pipeline; advisers yet to be appointed
Advent invests PE-backed Seedtag with EUR 250m-plus deal
Deal for Spanish digital ads firm marks partial exit for Oakley Capital, Adara and All Iron Ventures
Advent begins Idemia premarketing ahead of summer sale launch
French biometrics specialist is expected to be marketed off EBITDA of more than EUR 200m
Advent and Lanxess form EUR 3.7bn polymers JV with Royal DSM carve-out
Buyers pay EUR 3.7bn for DEM; the new unit has sales of over EUR 3bn and EBITDA of EUR 500m
Advent raises USD 25bn for GPE X
Around 40% larger than its predecessor, the new fund was raised in less than six months, managing director Johanna Barr tells Unquote
Buyout groups circle Trivium Packaging auction
Owners OTPP and Ardagh requested non-binding offers last week after distributing sale materials in March
Advent buys IRCA in SBO from Carlyle
Bakery ingredients firm has a reported EV of EUR 1bn and is expected to post 2022 EBITDA of EUR 75m
Advent buys Mangopay, Leetchi
Deal adds to GP's 17 fintech assets including Planet and Medius; sponsor has invested USD 6.5bn in fintech since 2008
Advent acquires minority stake in Medius
Marlin Equity is reinvesting with a majority stake in the Swedish spend management software company
Large-cap sponsors join philanthropic fund-of-funds
Advent, Bain, Cinven, Hg, Nautic and Permira join the scheme
PE heavyweights line up for EUR 1.5bn Ligue 1 stake – report
French league's auction is expected to wrap up by the start of the second quarter
Advent Tech II closes on USD 4bn
Predecessor fund in Advent's technology-focused strategy held a final close in 2019 on USD 2bn
Advent, Centerbridge to launch Aareal Bank takeover
Advent already owns a stake in Aareon, the property ERP software unit of Aareal Bank
Advent buys Caldic from Goldman Sachs
GP plans to merge the speciality chemicals producer with São Paulo-headquartered Grupo Transmerquim
Advent International and Eurazeo acquire Datatrans
GPs plan to combine Datatrans with Planet to create a global integrated payments group
Advent's Rubix confirms intention to float
GP formed the industrial maintenance, repair and overhaul firm in 2017 by merging IPH and Brammer
Asmodee already attracting PE interest ahead of November launch
Silver Lake, CVC, Advent and KKR are already set to join the race, sources say
Unilever tea auction set to close second round in November
Advent is in a strong position, while Cinven, CVC and Carlyle have ESG concerns, sources say
Advent's Williams Lea in advanced sale process
Williams Lea is expected to generate EBITDA of EUR 39.5m in 2021
Former Amazon exec Garambois joins Advent as operating partner
Xavier Garambois spent 18 years at Amazon and led the European consumer business from 2012 until 2020
