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CVC Capital Partners
CVC Capital Partners plc is a Jersey-based private equity and investment advisory firm with approximately €186 billion of assets under management and approximately €157 billion in secured commitments since inception across American, European, and Asian private equity, secondaries, credit funds and infrastructure. As of 31 December 2021, the funds managed or advised by CVC are invested in more than 100 companies worldwide, employing over 450,000 people in numerous countries. CVC was founded in 1981 and, as of 31 March 2022, has over 850 employees working across its network of 25 offices throughout EMEA, Asia and the Americas. In 2023, it raised the largest ever raised private equity fund globally at €26 billion. In June 2024, CVC Capital Partners ranked fourth in Private Equity International's PEI 300 ranking among the world's largest private equity firms. History By the early 1990s, Michael Smith, who joined Citicorp in 1982, was leading Citicorp Venture Capital in Europ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
St Helier, Jersey
St Helier (; Jèrriais: ; ) is the capital of Jersey, the largest of the Channel Islands in the English Channel. It is the most populous of the twelve parishes of Jersey, with a population of 35,822, over one-third of the island's total population. The town of St Helier is the largest settlement and only town of Jersey. The town consists of the built-up areas of St Helier, including First Tower, and parts of the parishes of St Saviour and St Clement, with further suburbs in surrounding parishes. The greater part of the parish of St Helier is rural. It covers a surface area of , being 9% of the total land area of the island (this includes reclaimed land area of or 200 ha). The town sits by the coast in the southeastern corner of the parish. Within it lies the main commercial district and the principal harbour of the island. As the capital, it also hosts the island's government, parliament and courts. Evidence of settlement exists as far back as the 13th century, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Formula One Group
The Formula One Group is a group of companies responsible for the Promotion (marketing), promotion of the Fédération Internationale de l'Automobile, FIA Formula One World Championship, and the exercising of the sport's commercial rights. The Group was previously owned by Delta Topco, a Jersey-based company owned primarily by investment companies CVC Capital Partners, Waddell & Reed, and Lehman Brothers, LBI Group, with the remaining ownership split between Bernie Ecclestone, other investment companies, and company directors. It was bought by Liberty Media in 2017. Ecclestone, a former Formula One team boss, spent 40 years as chief executive of the company after gaining control of the commercial rights. , the group is run by Stefano Domenicali as president and chief executive officer. Chase Carey, who previously ran the group from 2017 to 2020, is non-executive chairman. History In 1974, the Formula One Constructors' Association (FOCA) was founded in order to increase commerci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Acromas Holdings
Acromas Holdings is a holding company formed in May 2007 by Charterhouse Capital Partners, CVC Capital Partners and Permira, to act as the parent company of Automobile Association and Saga, ahead of the companies' mergers in September 2007. Acromas listed Saga on the London Stock Exchange through an initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ... (IPO) in May 2014, followed by The AA in June that year. References External links * Companies based in Kent Holding companies established in 2007 British companies established in 2007 2007 establishments in England Permira companies Health care companies of the United Kingdom CVC Capital Partners companies {{England-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saga Plc
Saga is a British company focused on serving the needs of those aged 50 and over. It has 2.7 million customers. The company operates sites on the Kent and Sussex coast: Enbrook Park and Priory Square. It is listed on the London Stock Exchange. History Early history The business was founded by Sidney De Haan in 1951 and was passed to his son Roger De Haan who took over in 1984 after his father's retirement. Saga was acquired by staff (20%) backed by the private equity firm Charterhouse in October 2004. Saga merged with The AA (owned by CVC and Permira) to form Acromas Holdings. In July 2011, Saga acquired Allied Healthcare. On 31 January 2015, it wrote it down to zero, and then sold it, at a small net profit, to Aurelius Group in December 2015. In May 2014, Saga Group Ltd was successfully listed on the London Stock Exchange as Saga PLC. Also in 2014, Saga acquired Bolton based luxury holiday company, Destinology. In January 2020, Saga appointed Euan Sutherland as CEO of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The AA
AA Limited, trading as The AA, is a British motoring association. Founded in 1905, it provides vehicle insurance, Driver's education, driving lessons, breakdown cover, loans, motoring advice, road maps and other services. The association Demutualization, demutualised in 1999, to become a private limited company, and from 2014 a public limited company (PLC). In 2002 the IAM Motoring Trust, AA Motoring Trust was created to continue its public interest and road safety activities. In 2021, a consortium led by Tower Brook Capital Partners and Warburg Pincus completed the acquisition of AA Limited (formerly known as AA PLC). History Charitable association The Automobile Association was founded in 1905 by William John Bosworth, to help motorists avoid police speed traps, in response to the Motor Car Act 1903 which introduced new penalties for breaking the speed limit, for reckless driving with fines, List of UK driving licence endorsements, endorsements and the possibility of jail fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centrica
Centrica plc is a British multinational energy and services company with its headquarters in Windsor, Berkshire, England. It is the largest supplier of gas to domestic customers in the United Kingdom, and one of the largest suppliers of electricity, operating under the trading names British Gas in England and Wales, Scottish Gas in Scotland, and Bord Gáis Energy in Ireland. Centrica is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. History Predecessors The company has its historical origin in the Gas Light and Coke Company which incorporated in 1812. Over the next 137 years, it grew by acquisition of other gas companies to become the primary supplier of gas to Greater London. In 1949, under the Gas Act 1948 the ownership of the company transferred to a government agency, North Thames Gas Board. The various area gas boards were merged into the national British Gas Corporation in 1973. The Gas Act 1986 sold the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Permira
Permira Holdings Limited is a British global investment firm specialised in buyouts, growth funds, equity funds, and credit funds. Founded in 1985 as part of Schroders, it became independent in 1996. Operating as Permira since 2001, the company became one of the largest buyout specialists. , Permira advises funds with total committed capital of €80 billion, which have invested in more than 300 companies worldwide. The company employs over 470 people in 15 offices across Europe, North America and Asia. In June 2024, Permira ranked 20th in Private Equity International's PEI 300 ranking among the world's largest private equity firms. History In the 1980s, J. Henry Schroder Wagg, a multinational asset management company, developed a concept for private equity funds to finance management buyouts. It operated as Schroder Ventures, headquartered in the UK. Nicholas Ferguson (businessman), Nicholas Ferguson was appointed Chairperson, chairman. In many European countries like German ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BC Partners
BC Partners LLP is a British international investment firm with over $40 billion of assets under management across private equity, credit and real estate in Europe and North America. Its global headquarters are in London. The firm invests across all industries. BC Partners was founded in 1986 and has offices in New York, Paris and Hamburg. Since inception, BC Partners has completed 113 private equity investments in companies with a total enterprise value of €145 billion. As one of the largest European private equity firms, BC Partners competes for buyouts and investment opportunities with other large cap private equity firms including Blackstone Group, KKR, CVC Capital Partners, Advent International and The Carlyle Group. The firm raised its eighth fund in 2005, which at the time made it the largest European buyout fund. Raised in less than five months, the fund was heavily oversubscribed. Investors in previous funds supplied 90% of the capital. The firm's most recent fund, B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apax Partners
Apax Partners LLP is a British private equity firm, headquartered in London, England. The company also operates out of six other offices in New York, Hong Kong, Mumbai, Tel Aviv, Munich and Shanghai. As of March 2024, the firm had raised and advised funds of approximately US$77 billion. Apax Partners is one of the oldest and largest private equity firms operating on an international basis. Apax invests across three sectors: technology, internet/consumer and services. It looks for investments in a target Enterprise Value of $100–5,000 million. Apax raises capital for its investment funds through institutional investors including corporate and public pension funds, university and college endowments, foundations and fund of funds. History In 1972, Ronald Mourad Cohen and Maurice Tchénio founded the advisory firm Multinational Management Group (MMG) in London, Paris, and Chicago, marking the beginning of Apax Partners. In 1977, they formed a partnership with early venture ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leveraged Buyout
A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of the acquired company are often used as collateral for the financing, along with any equity contributed by the acquiror. While corporate acquisitions often employ leverage to finance the purchase of the target, the term "leveraged buyout" is typically only employed when the acquiror is a financial sponsor (a private equity investment firm). The use of debt, which normally has a lower cost of capital than Equity (finance), equity, serves to reduce the overall cost of financing for the acquisition and enhance returns for the private equity investor. The equity investor can increase their projected returns by employing more leverage, creating incentives to maximize the proportion of debt relative to equity (i.e., debt-to-equity ratio). Whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
