Advent International
Advent raises $17.5b for ninth global fund
Advent International has closed its latest global fund at the hard cap of $17.5 billion, completing its largest-ever fundraising exercise in the space of six months.
Deal focus: Advent sees potential in hybrid CRO
Advent International recognized BioDuro as a company uniquely positioned to leverage growth in pharmaceutical R&D outsourcing in China and the US
Advent buys majority stake in US, China-based BioDuro
Advent International has acquired a majority stake in BioDuro, a pharmaceutical contract research and development organization (CRO) with operations in the US and China, from the Bridgewest Group conglomerate.
Portfolio: Advent International and King Koil China
Looking to apply its US mattress retail expertise in China’s fragmented market, Advent International bought King Koil China two years ago. It is now in the process of boosting online and offline sales growth
Advent expands China mattress market foothold
Advent International has expanded its presence in China’s growing mattress and sleeping products market with a new platform combining existing portfolio company King Koil and local counterpart Serta China.
Advent invests in India's Manjushree Technopack, Kedaara exits
Advent International has made an investment of undisclosed size in Indian packaging industry supplier Manjushree Technopack. It facilitates an exit for Kedaara Capital.
Advent buys stake in India's Dixcy Textiles
Advent International has invested an undisclosed amount in Indian innerwear maker Dixcy Textiles.
Advent invests in India's ASK Group
Advent International has bought a minority stake in Indian investment and wealth management business ASK Group.
Advent buys China mattress maker from CITIC Capital
Advent International has acquired a majority stake in Chinese mattress maker King Koil Shanghai Sleep System from CITIC Capital Partners for an undisclosed sum.
Advent, Temasek fall short in bid for control of Crompton Greaves unit
Temasek Holdings and Advent International have closed their open offer for Crompton Greaves Consumer Electricals (CGCEL), the former consumer products unit of India's Crompton Greaves, having failed to acquire a controlling stake in the company.
Australia's ALS rejects Advent, Bain buyout offer
Australian testing services company ALS has rejected a buyout offer from Advent International and Bain Capital that valued the company at about A$2.7 billion ($1.9 billion).
Temasek, Advent seek majority stake in Crompton Greaves unit
Temasek Holdings and Advent International have launched an open offer to acquire a controlling stake in Crompton Greaves Consumer Electricals (CGCEL), the former consumer products unit of India's Crompton Greaves, for up to INR16.9 billion ($253 million).
Q&A: Advent International's Filippo de Vecchi
Following the recent closing of Advent International’s eighth global private equity fund at $13 billion, Filippo de Vecchi, the firm’s managing director and co-head of Greater China, explains how Asia fits into the strategy
Advent raises $13b for global fund
Advent International has closed its eighth global fund at the hard cap of $13 billion after approximately six months in the market.
Bain, GIC, Advent buy minority stake in Quest Global
Bain Capital, GIC, and Advent International have bought a minority stake in Indian engineering services outsourcing firm Quest Global for $350 million, providing an exit for Warburg Pincus.
Deal focus: Abraaj builds on India healthcare foundation
The Abraaj Group buys India's CARE Hospitals from Advent International with a view to taking the business into new markets
Abraaj to buy India's CARE Hospitals from Advent
The Abraaj Group has agreed to buy CARE Hospitals, India's fifth-largest healthcare provider from Advent International.
China operating partners: Control candidates
As the nature of private equity in China has evolved, so have firms' needs in terms of operational talent. The challenge is finding - and then retaining - the right person for the job
Advent, Temasek to buy Crompton Greaves' consumer unit
Advent International and Temasek Holdings have agreed to buy a 34.37% stake in the consumer products unit of India’s Crompton Greaves from Avantha Group. The deal values the business at INR66 billion ($1.07 billion).
Portfolio: Advent International and CARE Hospitals
A majority stake in CARE Hospitals has allowed Advent International into India’s fast-growing healthcare sector. Rather than blindly pursuing expansion, the PE firm is building a business tailored to local demand
Advent hires ex-Evonik China president for chemicals coverage
Advent International has hired Dr Dahai Yu - the former president of Evonik China - as operating partner to cover its investments in the chemicals sector.
Advent exits India’s CAMS as NSE buys 45% stake
Advent International has fully exited its stake in Computer Age Management Services (CAMS) after a subsidiary of India’s National Stock Exchange (NSE) bought a 45% stake in the company, which provides transaction processing and other back office services...
Advent adds to China operating partner program
Advent International has appointed healthcare industry veteran Lincoln Chee to its operating partner program in China. He will advise the private equity firm in identifying investment opportunities in the space and in generating value in portfolio companies.
Advent, CDIB, Mirae back The Coffee Bean & Tea Leaf
Advent International has joined Taiwan's CDIB Capital and Japan's Mirae Asset Private Equity to acquire a significant stake in International Coffee and Tea, the company behind US specialty coffee and tea retailer - The Coffee Bean & Tea Leaf. The largest...