CVC Capital Partners

CVC Secondary Partners (formerly Glendower Capital) is pleased to be partnering with Astorg as the largest lead investor in the €1.4 billion single asset continuation fund for Normec, a leading pan-European independent TICC player. https://lnkd.in/dX_mDMaC

Great effort by the CVC team who took part in the J.P. Morgan Corporate Challenge, alongside 30,000 participants – the world’s largest corporate running event, raising money for Centrepoint. #JPMCC

During June, the CVC Pride Network led Pride celebrations across the global network, including a webinar highlighting the importance of allyship in the workplace with the Co-Chairs of CVC Pride Network Gretchen Bergstresser, Ken Young and Nick Clarry. Whilst at events in London, New York, Hong Kong and Cape Town colleagues connected with LGBTQ+ professionals, both from within CVC and also with advisors and peers, as well as volunteering opportunities.

Our Sustainability team recently hosted over 80 attendees from CVC portfolio companies for the 8th Sustainability Spotlight. The team covered topics including global trends in climate change, an update on regulatory reporting, as well as fireside chats with several portfolio companies.

Completion of CVC DIF and Acquisition of Final Stake in CVC Secondary Partners   Rob Lucas, CEO: “We are delighted to have completed the transaction to acquire CVC DIF and to have fully acquired the final stake in CVC Secondary Partners. With Secondary Partners and Infrastructure part of CVC, alongside our Private Equity and Credit strategies, we have an ever more scaled, diversified and differentiated platform to support further growth.”   This completes our acquisition of the initial 60% stake in DIF Capital Partners (CVC DIF) and of the final 20% stake in Glendower Capital (CVC Secondary Partners). https://lnkd.in/eB4J4F_P

Congratulations to Martin Iacoponi, Managing Director in the CVC Financial Services team for being named as a Rising Star of 2024 in Private Equity News’ annual review. https://lnkd.in/e55hMSxw

Partner in Pet Food (PPF) welcomes CVC Funds as its new majority shareholder István Szőke, CVC: “We have been tracking this company for over a decade and have been impressed by its transformation into a pan European champion under Gerald’s leadership. While PPF represents our first Hungary headquartered investment, we have significant experience in the broader region and the sector through existing investments in our global private equity business.” Jakub Canda, CVC: “This is an exciting opportunity to invest in a company with an outstanding track record and proven business model. We are very impressed with the quality of the management team and their ability to continue generating growth ahead of the market over many years and through cycles. We are looking forward to supporting the company in its next phase of growth and in particular with larger M&A.” Gerald Kühr, CEO of Partner in Pet Food, said: “We are delighted that CVC will become our new majority shareholder as we continue our successful premiumisation strategy supplemented by an accelerated M&A path, which we started four years ago. In CVC, we welcome a partner that is fully supportive of our passion for people and pets in a healthy environment and this will enhance our ability to continue producing healthy products for our end consumers. My colleagues and I are looking forward to the next chapter of PPF’s successful growth journey with CVC.” https://lnkd.in/ePFAmdDp

CVC agrees to acquire M Group Services from PAI Partners Dominic Murphy, Managing Partner and Co-Head of the UK Team at CVC and Tim Gallico, Partner at CVC: “M Group Services is a leader in an attractive market growing on the back of structural trends linked to ageing infrastructure, decarbonisation initiatives and technology transitions. We are delighted to support its management team in this exciting next phase of its growth and development.” Andrew Findlay, Chief Executive of M Group Services: “We would like to thank PAI Partners for their strong support and commitment to our growth since 2018. We are delighted that CVC has decided to support our clear and ambitious plan to continue to grow and deliver at pace, built on our solid market-leading foundations. We look forward to working in partnership with CVC to deliver our future plans. This is great for our people, our clients and their customers.” https://lnkd.in/eADqZ2B6

Cary Group has expanded their customer car collision coverage in Denmark through the acquisition of 80% of Elkjærgruppen.

Congratulation to the team at DFE Pharma who have been awarded a Gold Medal by EcoVadis, putting them into top 5% of sustainability leaders. DFE Pharma is a global leader in pharma- and nutraceutical excipient solutions and CVC portfolio company since 2020.