Advent International
- Description:
- Founded in 1984, Advent International is one of the world’s leading global buyout firms, with buyout offices in 15 countries on four continents. Since inception, Advent has raised USD 24 billion in private equity capital and completed more than 200 buyout and private equity transactions valued at over USD 36 billion in 35 countries.
Posted Thu, 19/08/2010 - 16:08
Austrian-based EGGER Holzwerkstoffe GmbH has agreed to acquire a 71% stake in Turkey's Roma Plastik for an undisclosed amount. The shares were sold by Advent International and Turkven Private Equity, who had controlled the company since 2006.
Posted Thu, 08/07/2010 - 00:25 by Invest-IQ Team
E. Wedel, the famous Polish confectioner, is up for sale and apparently attracting the attention of some high-profile bidders. Among those interested in the company are American rivals Hershey and Nestle, along with PE firms Advent International and Bridgepoint. It is believed that Ukranian confectioner Roshen may have shown initial interest but has since dropped out.
Posted Sun, 18/04/2010 - 21:53
Advent International has made it official: the squeeze out to gain complete control of Bulgarian water bottler Devin is underway with an offer of BGN 3.50 per share. Advent acquired a 79% stake in Devin last fall and then commenced a plan to gain up to 95% and begin the process of de-listing the company from the BSE. Advent, along with the company's senior management, now owns a combined 99% of Devin capital and has the go-ahead from Bulgarian authorities to complete the squeeze out.
Posted Sun, 21/02/2010 - 17:24
In a move that brings an end to a three-year investment, 3TS Capital Partners/3i has agreed to sell its majority stake in Romanian medical services company Centrul Medical Unirea (CMU) to Advent International. Joining the sale are CMU's founders who own a minority stake.
Posted Tue, 26/01/2010 - 00:15
Last September, American buyout firm Advent International purchased a 79% stake in Devin AD from Austria's Soravia Group, with plans to acquire the remaining shares in a takeover bid. Now Advent is poised to delist the Bulgarian water bottler from the Bulgaria Stock Exchange after it completes the acquisition of 95% of company shares. The Bulgarian government has approved Advent's proposal which designates Elana Trading to complete the buyout and the sets the price Advent will pay at BGN 3.50 per share.
Posted Sun, 06/12/2009 - 00:34 by Invest-IQ Team
VEM, the parent company of Ratiopharm, has directed Commerzbank and BNP Paribas to put together staple financing in support of potential Ratiopharm bidders. VEM put the German pharmaceutical producer on the auction block earlier this year in an attempt to raise capital to pay down debts.
Posted Tue, 10/11/2009 - 13:49
Boston-based private equity firm Advent International has made a public bid for WSiP S.A. The bid, for Poland's leading textbook publisher, offers PLN 16.35 per share which represents a 1.5% premium over the closing price for Nov. 5th. If accepted, the bid could amount to a total sale price of up to PLN 405 million. Advent has indicated it plans to de-list WSiP if it can obtain at least 80% of the formerly state-owned company. ING Securities is managing the offer and investors will have the opportunity to get in on the deal beginning in late November.
Posted Wed, 14/10/2009 - 00:00
Global buyout firm Advent International has reached an agreement with GFKL Financial Services AG to acquire a controlling stake in the German debt collection company. A group of GFKL's institutional investors will sell the stake to Advent for an undisclosed amount. In addition to the acquisition, Advent is committed to a capital increase to help with GFKL's future growth and equity base.
Posted Sun, 27/09/2009 - 20:48
After several months of searching, Austrian investor Soravia Group has reached a deal to sell it's stake in Devin AD to private equity firm Advent International, who will purchase a 75% stake in the Bulgarian beverage company through a share purchase. A takeover bid will follow to acquire all the remaining shares except the 6.75% Devin management will retain.
Posted Mon, 20/07/2009 - 22:54
After confirming in May that Bulgarian bottled water producer Devin was on the sale block, the Soravia Group has now entered exclusive talks with Global private equity firm Advent International. The talks, which began on July 13th, are aimed at creating a deal to give Advent an 82% stake in Devin including Soravia's 75.3%. At least three other potential buyers have been angling for position in case the deal falls through. Argus Capital and Balkan Accession Fund have been mentioned as two of the others buyers, the third is unknown.
Posted Fri, 17/07/2009 - 15:19
U.S. based Advent International is poised to complete a takeover of Central and Eastern European drug maker Ozone. The companies are now in the final talks that would give Advent, also the owner of LaborMed, full ownership of Ozone's product lines. The buyout offer had been accepted by Ozone earlier this month, giving control of the company's portfolio to LaborMed.
Posted Mon, 11/08/2008 - 00:00
Advent International sold Axtone S.A., Europe’s largest rail freight buffer manufacturer, to IK Investment Partners.
Posted Thu, 01/05/2008 - 00:00
Advent International has agreed to sell Bolix, a leading Polish provider of Exterior Insulation Finish Systems (EIFS) for the business to business market to Berger Paints India Ltd., one of India’s largest paint manufacturers.
Posted Wed, 02/04/2008 - 00:00
Dufa Deutek, a Advent International portfolio company, acquired Bengoss Comimpex, a Romanian dry mortar and core adhesives producer, for € 18.9 million.
Posted Tue, 25/03/2008 - 01:00
Advent International acquired LaborMed Pharma, one of the 20 largest pharmacy producers in Romania, from its founders.
Posted Fri, 14/12/2007 - 01:00
Advent International has agreed to acquire a 70% stake in KAI Group, Bulgaria’s largest manufacturer of interior and exterior floor, wall and decorative ceramic tiles.
Posted Thu, 13/12/2007 - 01:00
Advent International has completed the acquisition of a 70% stake in Bucharest-listed Ceramica Iasi, one of Romania’s leading ceramic bricks and clay roof tiles producers. Including new investments, the transaction total was € 35 million.
