Bridgepoint Group

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Bridgepoint Group
TypePublic limited company
LSEBPT
IndustryPrivate equity
Founded1984; 37 years ago (1984)
HeadquartersLondon, W1
United Kingdom
Key people
William Jackson (Executive Chairman)
ProductsInvestments, private equity funds
RevenueIncrease £191.8 million (2020)[1]
Increase £49.9 million (2020)[1]
Increase £47.7 million (2020)[1]
Websitewww.bridgepoint.eu

Bridgepoint Group plc is a British private equity investor focused on acquiring middle market businesses. It has three main investment streams: Bridgepoint Europe (for middle market investments), Bridgepoint Development Capital (for lower middle market investments) and Bridgepoint Growth (for start-up investments).[1] It is listed on the London Stock Exchange.

History[]

Bridgepoint 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.[2][3]

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.[4]

The firm closed its Europe II fund in 2001[5] and its Europe III fund in 2005.[6][7] Bridgepoint closed its Europe IV fund in 2008 for €4.8 billion.[8]

In 2011, the firm was renamed Bridgepoint Advisers.[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]

The company was the subject of an initial public offering on the London Stock Exchange as Bridgepoint Group in July 2021.[13]

Notable investments[]

See also[]

References[]

  1. ^ Jump up to: a b c d "Prospectus" (PDF). Bridgepoint. Retrieved 25 August 2021.
  2. ^ "NWEP becomes Bridgepoint Capital". Retrieved 2018-09-13.
  3. ^ Mehra, Nina. "NatWest Equity Partners is renamed Bridgepoint Capital". Retrieved 2018-09-13.
  4. ^ Chinwala, Yasmine. "Bridgepoint closes first fund since independence at &euro2bn". Retrieved 2018-09-13.
  5. ^ "Bridgepoint Europe II | Palico". www.palico.com. Retrieved 2018-09-13.
  6. ^ "Bridgepoint Raises $4.3B For 5th Middle-Market Buyout Fund - Law360". www.law360.com. Retrieved 2018-09-13.
  7. ^ "Bridgepoint Europe III | Palico". www.palico.com. Retrieved 2018-09-13.
  8. ^ "Bridgepoint closes in on maiden Fund IV deal | Private Equity International". Private Equity International. 2013-01-05. Retrieved 2018-09-13.
  9. ^ Factset - Company id: 05FJQ5-E
  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.
  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. ^ "Buyout Firm Bridgepoint Soars 28% in London Trading Debut". Bloomberg. 21 July 2021. Retrieved 24 August 2021.
  14. ^ "Bridgepoint agrees to buy AHT Cooling from Quadriga". Bloomberg. 3 September 2013. Retrieved 24 August 2021.
  15. ^ Jump up to: a b "Bridgepoint / Bridgepoint completes £250 million acquisition of ASK ITALIAN and ZIZZI". Bridgepoint.eu. Retrieved 2017-03-02.
  16. ^ "Private equity group Bridgepoint to buy UK Burger King franchise". Financial Times. 16 November 2017. Retrieved 24 August 2021.
  17. ^ "Care UK goes private via Bridgepoint". Financial Times. 3 March 2010. Retrieved 24 August 2021.
  18. ^ "Private equity group Bridgepoint eyes £2 billion London IPO to fund expansion into property and infrastructure". Evening Standard. 29 June 2021. Retrieved 24 August 2021.
  19. ^ Natwest subsidiary buys Dennis Eagle Commercial Motor 5 August 1999
  20. ^ Eagle strike Commercial Motor 15 January 2004
  21. ^ "Bridgepoint tests appetite for $2.2 billion dialysis clinic firm Diaverum: sources". Reuters. 30 July 2019. Retrieved 24 August 2021.
  22. ^ "Bridgepoint acquires business software solutions provider eFront". www.bridgepoint.eu. Retrieved 2019-03-23.
  23. ^ Bawden, Tom (October 14, 2005). "Private equity firm close to sealing $530m deal to buy Bridgepoint". The Times. London. Retrieved 2009-05-29.
  24. ^ "Bridgepoint to buy Fat Face for 360 million pounds". Reuters. 26 March 2007. Retrieved 24 August 2021.
  25. ^ "Bridgepoint in talks to buy HobbyCraft". Financial Times. 22 April 2010. Retrieved 24 August 2021.
  26. ^ "Bridgepoint Buys Safety Technology Holdings From Golden Gate". Wall Street Journal. February 13, 2018. Retrieved August 31, 2021.
  27. ^ "Compass Partners acquire three assets from Bridgepoint in €100m deal". Business Mole. 25 July 2018. Retrieved 24 August 2021.
  28. ^ "Bridgepoint Reaches Agreement to Acquire Infront Sports & Media AG". Bridgepoint.eu. Archived from the original on 27 September 2011. Retrieved 2011-09-05.
  29. ^ Bridgepoint Acquires Inspiring Learning, The PIE, 23 November 2016
  30. ^ "Leeds Bradford Airport sold to Australian investment fund". www.yorkshireeveningpost.co.uk. Retrieved 19 December 2017.
  31. ^ "Molton Brown makes £100m for Bridgepoint". Financial News. 15 July 2005. Retrieved 24 August 2021.
  32. ^ "Bridgepoint / Moneycorp acquired by Bridgepoint in transaction totalling £212 million". Bridgepoint.eu. Retrieved 2017-03-02.
  33. ^ "Bridgepoint doubles money on cinema exit". FN London. 23 January 2017. Retrieved 24 August 2021.
  34. ^ Pret a Manger to be sold to private equity, The Telegraph, 23 February 2008
  35. ^ "Bridgepoint acquires Rodenstock". Buyouts. 1 February 2007. Retrieved 24 August 2021.
  36. ^ "Bridgepoint plans to cut stake in Safestore by half". Reuters. 18 March 2010. Retrieved 24 August 2021.
  37. ^ "Bridgepoint / Bridgepoint Development Capital Invests in European online payments services provider Trustly". Bridgepoint.eu. Retrieved 2015-11-26.
  38. ^ Walsh, Dominic (May 11, 2009). "Virgin Active seeks to grow la dolce vita". The Times. London. Archived from the original on 14 May 2009. Retrieved 2009-05-29.
  39. ^ "Bridgepoint rides off with Wiggle". The Independent. 8 December 2011. Retrieved 24 August 2021.

External links[]


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