Permira

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Permira Holdings Limited
TypeLimited liability partnership
IndustryPrivate equity
Growth capital
Founded1985; 37 years ago (1985)
Headquarters,
ProductsLeveraged buyout
AUM€58 Billion
Number of employees
250
Websitewww.permira.com

Permira is a British global investment firm. Founded in 1985, the firm advises funds with a total committed capital of approximately €58 billion. The Permira Funds have made over 250 private equity investments in four key sectors: Technology, Consumer, Services and Healthcare. Permira employs over 250 people in 15 offices across North America, Europe and Asia.[1]

History[]

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 United Kingdom, French, German and Italian teams joined to create Schroder Ventures Europe and in 1997 this raised its first pan-European fund. In 2001, the firm was renamed Permira.

Permira opened an office in New York City in 2002,[2] one in Tokyo in 2005,[3] and one in Hong Kong in 2008.[4]

It also opened an office in Menlo Park in 2008.[5]

  • 2019 - Acquisition of Cambrex [6]
  • 2018 - Acquisition of Duff & Phelps [7]
  • 2018 – Acquisition of Cisco's SPVSS division[8]
  • 2017 – Acquisition of DiversiTech Corporation[9]
  • 2016 – Acquisition of Schustermann & Borenstein (Best Secret)[10]
  • 2015 – Acquisition of Medora Snacks and Ideal Snacks[11]
  • 2015 – Acquisition of Vacalians Group, a European campsite and mobile home company operating under the Tohapi brand [12]
  • 2015 – Acquisition of GFKL Financial Services, a provider of receivables management services in Germany [13]
  • 2015 – Acquisition of Informatica, independent provider of enterprise data integration software and services [14]
  • 2014 – Acquisition of Teraco Data Environments, Sub-Saharan Africa's provider of carrier neutral datacenter services [15]
  • 2014 – Acquisition of Metalogix, provider of management tools for collaboration platforms [16]
  • 2014 – Acquisition of TeamViewer, developer and distributor of solutions for online communication, collaboration and remote monitoring of IT systems[17]
  • 2014 – Acquisition of Tilney and Bestinvest, the wealth manager and online investment service based in the United Kingdom.[18]
  • 2014 – Acquisition of $200 million of the outstanding equity of LegalZoom.[19]
  • 2013 – Acquisition of R Griggs Group, parent of the Doc Martens brand for 300 million pounds or US$485.7 million.[20]

Recent realisations[]

(full realisations only; does not include partial realisations)

  • 2017 – Netafim, smart drip and micro irrigation solutions, Israel [21][22][23][24]
  • 2015 – New Look Retail Group, fashion brand[25]
  • 2015 – Iglo Group, European frozen food business[26]
  • 2015 – Hugo Boss, company in premium and luxury segment of the apparel market[27]
  • 2015 – Arysta LifeScience Limited, one of the world's agrochemical businesses[28]
  • 2014 – Renaissance Learning, provider of technology based school improvement and student assessment programmes[29]
  • 2014 – All3Media, creator of television, film and digital content[30]
  • 2014 – ProSiebenSat.1, one of the independent media corporations in Europe[31]
  • 2021 – Dr. Martens IPO, footwear brand[32]

References[]

  1. ^ "Permira Website". Permira.
  2. ^ "Subscribe to read". Financial Times. Retrieved 2018-09-24. {{cite web}}: Cite uses generic title (help)
  3. ^ Kleinman, Mark (2007-09-01). "Permira sets sights on South Korea". Daily Telegraph. ISSN 0307-1235. Retrieved 2018-09-24.
  4. ^ Reuters Editorial. "UPDATE 2-Permira hires ex-Goldman banker to boost China team". U.S. Retrieved 2018-09-24.
  5. ^ "Permira - Permira Today". Retrieved 3 May 2016.
  6. ^ Reuters Staff (August 7, 2019). "Permira Funds to buy drug contract manufacturer Cambrex for $2.02 billion" – via www.reuters.com.
  7. ^ "Duff & Phelps to be Acquired by the Permira Funds for $1.75 Billion| News 2018". Duff & Phelps.
  8. ^ "Permira Funds to Acquire Cisco's Service Provider Video Software Solutions Business". newsroom.cisco.com.
  9. ^ "Permira Funds Complete Acquisition of DiversiTech | Permira".
  10. ^ "Permira Funds to acquire leading German omnichannel premium fashion retailer Schustermann & Borenstein from Ardian | Permira".
  11. ^ [1], Food Business News, 10 June 2015
  12. ^ [2], Unquote.com
  13. ^ [3], Reuters, 18 May 2015
  14. ^ [4], Bloomberg, 7 April 2015
  15. ^ [5], Reuters, 4 December 2014
  16. ^ [6], Private Equity Wire, 31 October 2014
  17. ^ "The Permira Funds complete the acquisition of TeamViewer". TeamViewer. Retrieved 18 July 2014.
  18. ^ [7], Telegraph, 6 November 2013
  19. ^ "Permira Acquires $200 Million of LegalZoom Equity". BusinessWire. Retrieved 10 March 2014.
  20. ^ Neel, Julia (October 24, 2013). "Permira Acquires Dr. Martens". WWD. Retrieved 24 October 2013.
  21. ^ Lombardo, Cara; Harrup, Anthony (August 7, 2017). "Mexichem to Buy Netafim from Permira Funds". The Wall Street Journal. New York City, New York, United States. Retrieved August 10, 2017.
  22. ^ Reed, John (August 7, 2017). "Mexichem to buy Israeli irrigation specialist Netafim". Financial Times. United Kingdom. Retrieved August 10, 2017.
  23. ^ "Home". The Jewish Voice.
  24. ^ Reuters Staff (August 7, 2017). "Mexichem to take over Israeli irrigation firm Netafim in $1.5 billion deal" – via www.reuters.com.
  25. ^ [8] Financial Times, 15 May 2015
  26. ^ [9] Bloomberg, 20 April 2015
  27. ^ [10] Wall Street Journal, 16 March 2015
  28. ^ [11] Financial Times, 20 October 2014
  29. ^ [12] Forbes, 13 March 2014
  30. ^ [13] Bloomberg, 9 May 2014
  31. ^ [14] Bloomberg, 17 January 2014
  32. ^ Cohn, Abhinav Ramnarayan, Carolyn (2021-01-11). "Dr. Martens set to kick off IPO season with London listing". Reuters. Retrieved 2021-06-05.

External links[]

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