Advent International
IPEM TV 2020: Advent's Johanna Barr on navigating fund pitches
Managing director and global co-head of limited partner services shares key takeaways from her panel
Advent completes £4bn acquisition of Cobham
Advent drew equity from its $17.5bn Advent IX vehicle, which writes equity tickets of $100m-1bn
Lone Star in talks to acquire BASF's chemicals division
Final stage of the auction process comes after BASF began looking for a buyer at the end of 2018
Advent's £3.9bn Cobham take-private likely to go ahead
Advent made a takeover offer of 165 pence per share in cash, which represents a 34% premium in July
PE-backed Visma buys Unit4's VerzuimSignaal
Bolt-on will strengthen Visma's position in the absenteeism management market
Carlyle in exclusive talks to buy Arriva for £2.16bn – report
Advent International, I Squared Capital and Apollo Management have also indicated their interested
Advent-backed Zentiva acquires Alvogen
Transaction is expected to close in the first quarter of 2020, subject to customary approvals
Ohio pension to launch private markets co-investment programme
Co-investment programme will potentially invest in European private equity, but details are still to be determined
Arx buys TES Vsetin from Advent
Existing management team will lead the company's future growth and development
Advent buys Industria Chimica Emiliana
GP intends to further strengthen the company's market position and boost its international expansion
Advent raises $2bn for tech fund
Fundraise comes shortly after the $17.5bn final close of the GP's flagship product, GPE IX
Advent et al. bid for ThyssenKrupp elevators division
Carlyle, CVC, KKR, and Blackstone Group are also reported to be interested in the unit
Advisory firm recommends Advent's £3.9bn offer for Cobham
BlackRock, M&G and Legal & General each hold more than 2% of shares in the aerospace company
PE-backed Nets offloads division to Mastercard for €2.85bn
Acquisition comprises Nets' clearing and instant payment services, and e-billing solutions
Advent International agrees £4bn take-private for Cobham
Proposed share price represents a 50.3% premium on the average value across the last three months
Advent backs Spanish dental group Vitaldent
GP intends to accelerate the company's organic growth and strengthen its market position
Advent hits $17.5bn hard-cap for ninth fund
Close puts it just inside the top 10 for largest Europe-focused buyout funds ever
Nexi raises €2.3bn in IPO
Initial listing gives Nexi a market capitalisation of €5.7bn and an enterprise value of €7.3bn
Oakley Capital carves out Ekon from Advent-backed Unit4
Equity for the deal will be drawn from Oakley Capital Private Equity III, which closed on €800m
Ohio pension invests $40m in PE funds
US pension has targeted $80m for new private markets commitments through the rest of 2019
Bridgepoint kicks off Primonial sale
Bridgepoint reportedly hired Rothschild and JP Morgan to conduct the sale in January
Nexi to float on Italian stock exchange in April
Placement includes existing shares as well as new shares issued via a €600-700m capital increase
Advent International set to secure US LP commitments
Advent International GPE IX has a target between $15-17bn and plans to hold a final close in mid-2019
Advent acquires Evonik's methacrylates business for €3bn
GSO offered bidders a unitranche of €1.5bn and Barclays offered an all-loan structure of €1.25bn
