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Top five UK-Based Buyout Firms

by Louise Maddy

  • 23 May 2012
  • PE

Preqin’s extensive fund manager profiles product reveals there are 176 UK-based private equity firms that carry out buyout investments. These firms collectively have raised €224.4bn over the last 10 years and they currently have an estimated €58.3bn available in dry powder.

The top five UK-based private equity firms, which include a buyout strategy, by aggregate capital raised in the last 10 years are CVC Capital Partners, Apax Partners, Permira, Cinven and BC Partners.
CVC Capital Partners is a London headquartered buyout shop with an extensive network of 20 offices across Europe, Asia and the US. The firm raises Europe and Asia-focused funds to acquire controlling or significant minority interests in European, Asian and North American companies. The firm looks for companies with strong market positions and stable cash-flows. In the last decade the firm has raised €26bn and has an estimated €6.5bn available in dry powder.

Apax Partners is one of the world’s largest private equity investment firms, and raised its first fund in 1981 when the firm focused on venture capital investments. In the last decade the firm has moved out of the venture capital space and now focuses on buyouts. It invests in companies across its five chosen global growth sectors: technology and telecoms, retail and consumer, media, healthcare and financial and business services. They are currently raising Apax VIII, a Europe-focused buyout fund with a €9bn target. The firm has raised a total of €23.5bn over the last 10 years and currently has €5.8bn in estimated dry powder.

Permira was founded in 1985 as a number of country-specific separate businesses operating under the Schroder Ventures brand. In 1996, the UK, French, German and Italian teams joined together to create Schroder Ventures Europe, raising its first pan-European fund. The firm name was changed to Permira in 2001 and opened its first office in North America in New York in 2002. The firm has raised a number of buyout funds since it established in 1985, and is currently on the road marketing its Permira V fund, which is a €6.5bn fund with a global focus. The firm invests in consumer products and services, financial services, healthcare, industrial, media, technology and telecoms sectors. In the last decade the firm has raised €14.2bn in aggregate capital and has just over an estimated €1bn in dry powder.

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