Permira

From Wikipedia, the free encyclopedia
  (Redirected from Schroder Ventures)
Jump to: navigation, search
Permira
Limited liability partnership
Industry Private equity
Growth capital
Founded 1985; 32 years ago (1985)
Headquarters London, United Kingdom[1]
Products Leveraged buyout
AUM €30 Billion[2]
Number of employees
200
Website www.permira.com

Permira is a European private equity firm, founded in 1985. The firm advises funds with a total committed capital of approximately €200 billion. Since 1985 the Permira funds, raised from pension funds and other institutions, have made nearly 200 private equity investments.

Permira specialises in five sectors: Consumer, Financial Services, Healthcare, Industrials and TMT (Technology, Media, Telecommunications). There are currently 25 companies in the Permira funds’ portfolio and the firm comprises approximately 120 professionals.

History[edit]

Permira was founded in 1985 by Nicholas Ferguson as a number of country-specific separate businesses operating under the Schroder Ventures brand. In 1996, the UK, French, German and Italian teams joined together to create Schroder Ventures Europe and in 1997 it raised its first pan-European fund. In 2001, the firm was renamed Permira. Permira opened an office in New York City in 2002, one in Tokyo in 2005 and one in Hong Kong in 2008. It also opened an office in Menlo Park in 2008.[3]

Recent investments[edit]

  • 2015 - Acquisition of Medora Snacks and Ideal Snacks. Medora Snacks manufacturers branded better-for-you snacks while Ideal is the leading contract manufacturer of better-for-you diversified popped snacks [4]
  • 2015 - Acquisition of Vacalians Group, a major European campsite and mobile-home company operating under the Tohapi brand [5]
  • 2015 - Acquisition of GFKL Financial Services, a leading provider of receivables management services in Germany [6]
  • 2015 - Acquisition of Informatica, the world's number one independent provider of enterprise data integration software and services [7]
  • 2014 - Acquisition of Teraco Data Environments, Sub-Saharan Africa's leading provider of carrier neutral datacenter services [8]
  • 2014 - Acquisition of Metalogix, leading provider of management tools for mission-critical collaboration platforms [9]
  • 2014 - Acquisition of TeamViewer, developer and distributor of solutions for online communication, collaboration and remote monitoring of IT systems[10]
  • 2014 - Acquisition of Tilney and Bestinvest, the UK wealth manager and online investment service.[11]
  • 2014 - Acquisition of $200 million of the outstanding equity of LegalZoom.[12]
  • 2013 - Acquisition of R Griggs Group, parent of the Doc Martens brand for 300 million pounds or USD $485.7 million.[13]

Recent realisations[edit]

(full realisations only; does not include partial realisations)

  • 2015 - New Look Retail Group, leading international value fashion brand[14]
  • 2015 - Iglo Group, Europe's largest frozen food business[15]
  • 2015 - Hugo Boss, leading company in premium and luxury segment of the apparel market[16]
  • 2015 - Arysta LifeScience Limited, one of the world's largest agrochemical businesses[17]
  • 2014 - Renaissance Learning, leading provider of technology-based school improvement and student assessment programmes[18]
  • 2014 - All3Media, leading creator of TV, film and digital content[19]
  • 2014 - ProSiebenSat.1, one of the largest independent media corporations in Europe[20]

Current investments[edit]

The Permira funds are invested in the following companies:

  • Atrium Innovations, leader in the manufacturing, development and commercialisation of innovative, science-based health products - €754m[21]
  • CABB, integrated supplier of fine and speciality chemicals and customer manufacturing solutions - €819m[22]
  • Dr Martens, iconic British footwear brand - €380m[23]
  • Legal Zoom, online legal services company - €158m[24]
  • Pantheon Healthcare Group, formerly MESA and Astral - €161m[25]
  • Metalogix, leading provider of online management tools[26]
  • TeamViewer, global provider of secure remote support software - €870m[27]
  • Teraco Data Environment, largest provider of carrier-neutral datacenter services in sub-Saharan Africa[28]
  • Tilney Bestinvest, formerly Bestinvest, a leading private client wealth management firm and Tilney, a wealth manager - €243m[29]
  • Akindo Sushiro, sushi restaurant chain, Japan - €800m[30]
  • Ancestry.com, global leader in online family history - €1.266b[31]
  • Asia Broadcast Satellite, premium Fixed Satellite Services operator - €184m[32]
  • BakerCorp, temporary liquid and solid containment, pump, filtration and trench solutions - €714m[33]
  • Creganna Medical, global provider of outsourced solutions to the medical device industry - €223m[34]
  • eDreams ODIGEO, a combination of a trio of travel companies: eDreams, Go Voyages and Opodo - €1048m[35]
  • Genesys, leading supplier of enterprise software and solutions - €1,237m[36]
  • Intelligrated, automated material handling solutions, USA - €443m[37]
  • Just Retirement, specialist financial services, UK - €298m[38]
  • Netafim, smart drip and micro irrigation solutions, Israel, €800m[39]
  • Pharmaq, world leading aquatic health groups - €250m[40]
  • Saga (Acromas), financial services to people aged over 50 in the UK - €9,685m[41]
  • Sisal, Italian gaming operator - €1,348m[42]
  • Telepizza, home delivery and take-away pizza business - €962m[43]
  • Cortefiel, Spanish clothing retailer - €1,802m[44]

References[edit]

  1. ^ "Permira: Overview". LinkedIn. Retrieved 31 March 2013. 
  2. ^ "Permira - Permira Today". Retrieved 3 May 2016. 
  3. ^ "Permira - Permira Today". Retrieved 3 May 2016. 
  4. ^ [1], Food Business News, 10 June 2015
  5. ^ [2], Unquote.com
  6. ^ [3], Reuters, 18 May 2015
  7. ^ [4], Bloomberg, 7 April 2015
  8. ^ [5], Reuters, 4 December 2014
  9. ^ [6], Private Equity Wire, 31 October 2014
  10. ^ "The Permira Funds complete the acquisition of TeamViewer". TeamViewer. Retrieved 18 July 2014. 
  11. ^ [7], Telegraph, 6 November 2013
  12. ^ "Permira Acquires $200 Million of LegalZoom Equity". BusinessWire. Retrieved 10 March 2014. 
  13. ^ Neel, Julia (October 24, 2013). "Permira Acquires Dr. Martens". WWD. Retrieved 24 October 2013. 
  14. ^ [8] Financial Times, 15 May 2015
  15. ^ [9] Bloomberg, 20 April 2015
  16. ^ [10] Wall Street Journal, 16 March 2015
  17. ^ [11] Financial Times, 20 October 2014
  18. ^ [12] Forbes, 13 March 2014
  19. ^ [13] Bloomberg, 9 May 2014
  20. ^ [14] Bloomberg, 17 January 2014
  21. ^ [15] Bloomberg, 29 November 2013
  22. ^ [16] Bloomberg, 22 April 2014
  23. ^ [17] BBC News, 24 October 2013
  24. ^ [18] Reuters, 6 January 2014
  25. ^ [19] Health Investor, 8 August 2014
  26. ^ [20] Washington Technology, 3 November 2014
  27. ^ [21] Reuters, 16 June 2014
  28. ^ [22] 4 December 2014
  29. ^ [23] The Telegraph, 6 November 2013
  30. ^ Stephen Aldred and Junko Fujita (24 August 2012). "Permira buying Japan sushi restaurant chain in $1 billion deal". Reuters India. Retrieved 3 May 2016. 
  31. ^ [24] Forbes, 22 October 2012
  32. ^ [25] Financial Times, 13 September 2010
  33. ^ [26] Wall Street Journal, 13 April 2011
  34. ^ [27] Financial Times, 7 October 2010
  35. ^ [28] Bloomberg, 6 March 2014
  36. ^ [29] New York Times, 19 October 2011
  37. ^ Jason Kelly (8 June 2012). "Permira to Buy Equipment Maker Intelligrated for $500 Million". Bloomberg.com. Retrieved 3 May 2016. 
  38. ^ "Just Retirement valued at $1.8 bln in London share listing". Reuters. 12 November 2013. Retrieved 8 March 2014. 
  39. ^ Permira to buy up to 61% of Israel's Netafim Reuters, 22 September 2011
  40. ^ [30] City AM, 2 April 2013
  41. ^ [31] The Guardian, 26 June 2007
  42. ^ [32] Bloomberg, 16 June 2014
  43. ^ [33] The Independent, 23 July 2006
  44. ^ [34] Financial News, 22 July 2005

External links[edit]