Permira is a global

investment firm An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under t ...

. Founded in 1985, the firm advises funds with assets under management of €60+ billion. The Permira funds have made approximately 300 private equity investments in four key

sectors Sector may refer to: Places * Sector, West Virginia, U.S. Geometry * Circular sector, the portion of a disc enclosed by two radii and a circular arc * Hyperbolic sector, a region enclosed by two radii and a hyperbolic arc * Spherical sector, a p ...

Technology Technology is the application of knowledge to reach practical goals in a specifiable and Reproducibility, reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in me ...

Consumer A consumer is a person or a group who intends to order, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. ...

Services Service may refer to: Activities * Administrative service, a required part of the workload of university faculty * Civil service, the body of employees of a government * Community service, volunteer service for the benefit of a community or a p ...

and Healthcare. Permira employs over 360 people in 16 offices across North America,

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirel ...

and

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an are ...

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 The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...

, French,

German German(s) may refer to: * Germany (of or related to) ** Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Ge ...

and

Italian Italian(s) may refer to: * Anything of, from, or related to the people of Italy over the centuries ** Italians, an ethnic group or simply a citizen of the Italian Republic or Italian Kingdom ** Italian language, a Romance language *** Regional Ita ...

teams joined to create Schroder Ventures Europe and in 1997, this raised its first pan-European fund. In 2001, the firm was renamed Permira. In 2002, Permira expanded into the U.S. with the opening of its New York office. In 2005, Permira launched its first Asia Pacific-based office in Japan. It later opened its

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...

office in 2008. In 2006, Permira raised over €10 billion in commitments for its P4 fund, which was, at the time, Europe's largest buyout fund. In 2007, Permira launched Permira Debt Managers, now Permira Credit, a debt management and advisory business based in

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

, United Kingdom. The firm advises investment funds and products that provide loans, debt, buyout and acquisition financing solutions to medium-sized European businesses. In 2008, Permira continued its U.S. expansion with the opening of its Menlo Park, CA office, which focuses predominantly on technology investments. In 2014, Permira raised €5.3 billion for its fifth buyout fund, P5. In 2019, Permira closed its first Growth Opportunities Fund, which makes minority equity investments in high-growth technology and digital businesses, at $1.7 billion. Later that year, Permira closed its seventh buyout fund, P7, at €11 billion. In 2021, Permira closed its second Growth Opportunities Fund at $4 billion.

Recent acquisitions

*2022 – Investment in GoCardless *2022 – Investment in GWI *2022 – Acquisition of Kedrion Biopharma and Bio Products Laboratory *2021 – Investment in Sysdig *2021 – Acquisition of

Mimecast Mimecast Limited is an American–British, Jersey-domiciled company specializing in cloud-based email management for Microsoft Exchange and Microsoft Office 365, including security, archiving, and continuity services to protect business mai ...

*2021 – Investment in

AllTrails AllTrails is a fitness and travel mobile app used in outdoor recreational activities. AllTrails is commonly used for outdoor activities such as hiking, mountain biking, climbing and snow sports. The service allows users to access a database of ...

*2021 – Acquisition of

McAfee McAfee Corp. ( ), formerly known as McAfee Associates, Inc. from 1987 to 1997 and 2004 to 2014, Network Associates Inc. from 1997 to 2004, and Intel Security Group from 2014 to 2017, is an American global computer security software company head ...

*2021 – Investment in Motus *2021 – Investment in mParticle *2021 – Investment in Mirakl *2021 – Acquisition of

Engel & Völkers Engel & Völkers AG is a privately owned German company that, via a series of franchised offices, provides services related to real estate transactions. Engel & Völkers was founded under the name Engel & Cie in 1977 in Hamburg, Germany. The c ...

*2021 – Investment in

Click and Boat Click and Boat (aka Click&Boat) is a company based in Paris that operates a boat rental platform, enabling private and professional boat owners to rent out their boats to holidaymakers and other sailing enthusiasts, based on the sharing economy ...

*2021 – Investment in FullStory *2021 – Investment in Adevinta *2021 – Investment in G2 *2021 – Investment in New Immo Group *2021 – Investment in Nexthink *2020 – Acquisition of

Boats Group Boats Group is a Miami, Florida, United States, based advertising and software company for the marine industry with niche titles: YachtWorld, BoatTrader.com, boats.com, Annonces du Bateau, Boten te Koop, Cosas de Barcos, Boatshop24, Boats and ...

*2020 – Investment in

Catawiki Catawiki is an online auction platform for buying and selling special items and collectibles. Catawiki was founded in 2008 as an online community for collectors. Since 2011, the company has been hosting weekly online auctions, in various categori ...

*2020 – Investment in Full Truck Alliance *2020 – Acquisition of

Clearwater Analytics Clearwater Analytics is a software-as-a-service (SaaS) fintech company that provides automated investment accounting, performance, compliance, and risk reporting for insurance companies, asset managers, corporations, banks, governments, and other ...

*2020 – Acquisition of Seismic *2020 – Acquisition of Neuraxpharm *2020 – Investment in

Zwift Zwift is a massively multiplayer online cycling and running physical training program that enables users to interact, train, and compete in a virtual world. Zwift was developed by Zwift Inc., which was co-founded by Jon Mayfield, Eric Min, Scot ...

*2020 – Acquisition of EF *2020 – Acquisition of

Golden Goose "The Golden Goose" (german: Die goldene Gans) is a fairy tale collected by the Brothers Grimm (KHM 64). Story In the Brothers Grimm version, the hero is the youngest of three brothers, given the nickname Simpleton as he is not handsome or st ...

*2020 – Investment in

Duff & Phelps Kroll, LLC, formerly Duff & Phelps LLC, is an American multinational financial consultancy firm based in New York City. It was founded as Duff & Phelps in 1932 by William Duff and George Phelps. Since then, the firm has added more than 30 comp ...

*2020 – Investment in

Lytx Lytx is a San Diego, California based technology company that designs, manufactures and sells video telematics products used by commercial and public-sector fleets to help improve driver safety and business productivity. Products include risk det ...

References

External links

{{Largest private equity firms British companies established in 1985 Private equity firms of the United Kingdom Permira companies