Motion Equity Partners

From Wikipedia, the free encyclopedia
  (Redirected from Cognetas)
Jump to: navigation, search
Motion Equity Partners
Private
Industry Private equity
Predecessor Electra Partners Europe
Founded 1989
Headquarters Paris, France
Milan, Italy
Products Leveraged buyout, Growth capital
Total assets €2.5 billion
Number of employees
15
Website www.motion-ep.com

Motion Equity Partners is a private equity firm focused on leveraged buyout and growth capital investments in European middle-market companies across a range of industries.

The firm, has offices in Paris and Milan. It was founded in 1989 as Electra Partners Europe and affiliate of Electra Private Equity, a listed investment trust. The firm has raised approximately €2.5 billion since inception across three funds.

History[edit]

Motion Equity Partners raised its first fund in 2000, with €1.0 billion of investor commitments. Among the investments in that portfolio were Rank Leisure, Azelis, Baxi, Safety-Kleen, Aliplast, Global Solutions, Covenant Healthcare and Ashbourne Healthcare.

In 2005, it completed a spinout from its investment trust parent.[1] It raised its second fund the following year, with total commitments amounting to €1.25 billion.[2]

Led by Managing Partner Patrick Eisenchteter,[3] the firm rebranded as Motion Equity Partners in 2011 as it refocused its activities on its two best-performing offices, Paris and Milan. In 2014, the firm raised a third €150m fund, taking the firm's investment capacity to €300m.[4] It has since made three investments in Cellular Line (Italy, 2014), CDL (France, 2014) and Altaïr (France, 2016).[5]

The firm's investment strategy is based on taking control positions in mid-sized companies across Europe, with a particular focus on growth through "buy & build" and international expansion.

See also[edit]

References[edit]

  1. ^ Electra spin-out delays fundraising. Dow Jones Financial News, May 27, 2005
  2. ^ Electra Partners Europe renames itself Cognetas, opens new office in Italy. AltAssets, September 6, 2006
  3. ^ "Motion Equity Partners Private Equity Investor". Motionequitypartners.com. Retrieved 2016-08-28. 
  4. ^ Chassany, Chassan (14 November 2013). "Motion Equity Partners in talks to quit 'zombie' status". Financial Times. Retrieved 5 May 2015. 
  5. ^ "Motion Equity Partners Private Equity Investor". Motionequitypartners.com. Retrieved 2016-08-28. 

External links[edit]