Bridgepoint Group

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Barlalain (talk | contribs) at 05:17, 9 October 2018 (add Dennis Eagle). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Bridgepoint Capital
Company typePrivate Ownership, Limited partnership
IndustryPrivate equity
Founded1984; 40 years ago (1984)
HeadquartersLondon, W1
United Kingdom
ProductsInvestments, private equity funds
Total assets€18 billion (£16 billion)
Websitewww.bridgepoint.eu

Bridgepoint is a pan-European private equity investor focused on acquiring leading middle market businesses valued up to €1 billion. Its investments have included the Azzurri Group, Element Materials Technology and Pret a Manger in the UK, Dorna in Spain, Balt, eFront and Histoire d'Or in France. It also operates a second business, Bridgepoint Development Capital, which specialises in smaller cap businesses valued up to €150 million.[1][2]

History

Bridgepoint Capital was founded as NatWest Equity Partners, a private equity firm part of NatWest. The firm was renamed Bridgepoint Capital in May 2000 following a management buyout from NatWest Group.[3][4]

In May 2002, Bridgepoint closed its first fund following its independence from NatWest. The fund closed at €2 billion, and made its first investments in WT Foods, Virgin Active and Hydrex.[5]

The firm closed its Europe II fund in 2001[6] and its Europe III fund in 2005.[7][8] Bridgepoint closed its Europe IV fund in 2008 for €4.8 billion.[9]

In March 2015 Bridgepoint closed its latest €4 billion Bridgepoint Europe V fund, bringing to €20.5 billion the amount of committed capital raised to date.[10]

In August 2018, Dyal Capital Partners acquired a minority stake in Bridgepoint.[11][12]

Notable investments

See also

References

  1. ^ Quinn, James (2010-09-25). "Bridgepoint staff share £44m pay pot despite a sharp drop in profits". ISSN 0307-1235. Retrieved 2018-09-13.
  2. ^ "Bridgepoint / Bridgepoint Development Capital". www.bridgepoint.eu. Retrieved 2018-09-13.
  3. ^ "NWEP becomes Bridgepoint Capital". Retrieved 2018-09-13.
  4. ^ Mehra, Nina. "NatWest Equity Partners is renamed Bridgepoint Capital". Retrieved 2018-09-13.
  5. ^ Chinwala, Yasmine. "Bridgepoint closes first fund since independence at &euro2bn". Retrieved 2018-09-13.
  6. ^ "Bridgepoint Europe II | Palico". www.palico.com. Retrieved 2018-09-13.
  7. ^ "Bridgepoint Raises $4.3B For 5th Middle-Market Buyout Fund - Law360". www.law360.com. Retrieved 2018-09-13.
  8. ^ "Bridgepoint Europe III | Palico". www.palico.com. Retrieved 2018-09-13.
  9. ^ "Bridgepoint closes in on maiden Fund IV deal | Private Equity International". Private Equity International. 2013-01-05. Retrieved 2018-09-13.
  10. ^ "NWEP renamed Bridgepoint Capital after MBO from NatWest". Press Room. Bridgepoint Capital. 2000-05-07. Archived from the original on July 5, 2007. Retrieved 2007-06-03. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help); Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  11. ^ Pielichata, Paulina (2018-08-13). "Dyal Capital Partners takes stake in Bridgepoint". Pensions & Investments. Retrieved 2018-09-13.
  12. ^ Lim, Dawn; Louch, Will (2018-08-11). "Bridgepoint to Sell Minority Stake to Neuberger Berman Unit". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-09-13.
  13. ^ Pret a Manger to be sold to private equity, The Telegraph, 23 February 2008
  14. ^ "Leeds Bradford Airport sold to Australian investment fund". www.yorkshireeveningpost.co.uk. Retrieved 19 December 2017.
  15. ^ Natwest subsidiary buys Dennis Eagle Commercial Motor 5 August 1999
  16. ^ Eagle strike Commercial Motor 15 January 2004
  17. ^ "Bridgepoint / Moneycorp acquired by Bridgepoint in transaction totalling £212 million". Bridgepoint.eu. Retrieved 2017-03-02.
  18. ^ Walsh, Dominic (May 11, 2009). "Virgin Active seeks to grow la dolce vita". London: The Times. Archived from the original on 14 May 2009. Retrieved 2009-05-29.
  19. ^ Bawden, Tom (October 14, 2005). "Private equity firm close to sealing $530m deal to buy Bridgepoint". London: The Times. Retrieved 2009-05-29.
  20. ^ a b "Bridgepoint / Bridgepoint completes £250 million acquisition of ASK ITALIAN and ZIZZI". Bridgepoint.eu. Retrieved 2017-03-02.
  21. ^ "Bridgepoint / Bridgepoint Development Capital Invests in European online payments services provider Trustly". Bridgepoint.eu. Retrieved 2015-11-26.
  22. ^ Bridgepoint Acquires Inspiring Learning, The PIE, 23 November 2016

External links