private equity founded 1984 headquarters boston massachusetts united states products private equity funds buyouts total assets 31 billion number of employees 300 website www.adventinternational.com advent international is an american global private equity firm focused on buyouts of companies in western and central europe north america latin america and asia . the firm focuses on international buyouts growth and strategic restructuring in five core sectors . since its inception in 1984 advent has raised 31 billion 28 billion in private equity capital 1 and through its buyout programs has completed more than 290 transactions in 40 countries . advent operates from 13 offices in 12 countries with affiliates in additional countries and employs over 180 investment professionals . contents 1 history 2 investments 3 references 4 external links history edit history of private equity and venture capital early history origins of modern private equity the 1980s leveraged buyout boom the 1990s leveraged buyout and the venture capital bubble the 2000s dot com bubble to the credit crunch v t e advent was originally founded in boston massachusetts as a spin out from ta associates by peter brooke . brooke had founded ta associates in 1968 after having expanded the venture capital operations of ta s parent tucker anthony & r.l. day . in 1985 advent raised its first fund a 14 million corporate venture capital program for nabisco . in 1987 the firm raised the 225 million international network fund its first institutional private equity fund . the firm raised its first european fund in 1989 when the 231 million european special situations fund and opened its london office . advent continued its expansion in the 1990s opening offices in frankfurt and milan and merging with uk based trinity capital partners . in 1994 advent completed fundraising for the first of its flagship series of funds advent global private equity gpe ii with 415 million . in 1996 advent expanded into latin america raising a dedicated advent latin american private equity fund and opening offices in buenos aires mexico city and sao paulo . advent crossed the billion dollar mark in 1997 with the raising of the 1.2 billion advent global private equity gpe iii and in the last few years of the 1990s advent raised additional sector funds focused on media and communications as well as healthcare and life sciences . advent s founder peter brooke stepped down as the firm s ceo in 1996 but remained active as the company s chairman . 2 through the 2000s advent s expansion accelerated as the firm raised additional funds for its various fund families and opening new offices in europe and asia . advent s sixth global private equity fund raised in 2008 closed with 6.6 billion of investor commitments and the firm raised an additional 1 billion for investments in central europe . 3 4 in march 2016 advent raised its eighth global private equity fund with 13 billion of investor commitments . 5 investments edit advent began to invest in poland in 1995 . in total they have made 13 investments in poland across multiple sectors including construction materials food and beverages financial services rail equipment construction chemicals and the cable industry . 6 advent acquired the british variety store chain poundland in 2002 and has investments in the fat face clothing brand and extended warranty firm domestic & general . 7 in 2004 advent owned fund viva ventures bought the bulgarian state owned telecoms monopoly bulgarian telecommunications company now vivacom . the company was sold to aig in 2007 . in 2005 founder of lululemon athletica chip wilson partnered with advent international and highland capital partners to sell a 48 % minority stake in lululemon athletica . 8 advent bought a majority ownership of bradco supply a leading distributor of building products in 2008 . 9 advent has acquired a number of companies in central and eastern europe through its dedicated regional funds . these include romanian ceramica iasi one of romania s leading ceramic bricks and clay roof tiles producers bolix a leading polish producer of construction chemicals dufa deutek romania s largest decorative paints producer and labormed pharma which manufactures and distributes generic pharmaceuticals primarily for cardiovascular and central nervous system aliments . 10 in 2007 advent s asia affiliate led the restructuring of yangzijiang shipbuilding one of china s largest privately owned shipbuilders and successfully listed the company on the singapore exchange ; making it one of the largest ipos by a foreign company in singapore . 11 in march 2009 advent announced the acquisition of a controlling interest in fifth third processing solutions the payment processing business of fifth third bank in a 2.35 billion transaction . the transaction represented one of the largest private equity transactions completed in 2009 amidst the financial crisis of 2007 2010 . 12 the deal was completed in june 2009 . in november 2009 advent announced a public tender offer to acquire 100 % of wydawnictwa szkolne i pedagogiczne s.a. wsip the largest polish educational publisher . 13 in april 2010 advent took over the company dfs in the united kingdom . 14 in august 2010 advent international was credited with spawning the takeover of mexicana airlines by an outside investor group . advent international has no equity investment stakes in the takeover according to published sources . 15 in 2011 advent acquired mondo minerals holding b.v. the second largest global talc producer 16 and british mental health care provider priory group 17 best known for providing mental health treatments to celebrities 18 such as eric clapton 19 and johnny depp . 20 in august 2011 advent international acquired bojangles famous chicken n biscuits a regional chain of quick service restaurants based in charlotte north carolina . as of october 1 2013 advent international had reached agreement with vista equity partners to acquire p2 energy solutions . on august 7 2014 lululemon athletica inc. and wilson facilitated advent s re enengagement in lululemon by selling 13.85 % ownership in the company to advent for approximately 845 million . 21 the transaction received the full support of the lululemon board of directors and changes the board dynamic . advent managing partner david m. mussafer and managing director steven j. collins will be appointed to lululemon s board of directors expanding the board from 10 to 12 members . mr. mussafer will now share chairman responsibilities with michael casey . lululemon will also engage an independent expert to evaluate and make recommendations regarding the lululemon board s committees policies and procedures over the course of 90 days following the completion of advent s stock purchase . 22 23 in november 2014 advent international announced that it had completed raising a new 2.1 billion private equity fund its advent latin american private equity fund vi thought to be the largest such fund ever raised for latin america . 24 advent international also acquired a significant minority ownership of noosa yoghurt a bellevue based company for an undisclosed amount . 25 references edit advent hires advisers to expand investments in loyalty plans . reuters . retrieved 27 august 2015 . peter brooke brooke private equity associates . www.brookepea.com . retrieved 2015 10 01 . advent closes 6.6 bn upper mid market buy out fund archived september 3 2009 at the wayback machine . . altassets apr 7 2008 . advent closes fourth cee fund on 1bn hard cap archived september 3 2009 at the wayback machine . . altassets apr 17 2008 langworth hannah . real deals . retrieved 22 march 2016 . advent international homepage archived july 18 2013 at the wayback machine . julia finch how one price fits all is making this man britain s most cheerful retailer 6.12.2008 the guardian archived copy . archived from the original on 2014 08 14 . retrieved 2014 08 20 . venture capital firm buys bradco supply . prosales information service publication date july 15 2008 advent international investments in central and eastern europe . investment intelligence s.r.o. retrieved 2009 07 20 . yangzijiang shares soar up to 45 pct in s pore debut . reuters news april 17 2007 fifth third to sell 51 % stake in its payment unit to advent . wall street journal march 30 2009 advent press release archived december 7 2010 at the wayback machine . . november 6 2009 news.bbc.co.uk corrected update 1 mexican group buys stake in airline mexicana advent reuters august 21 2010 retrieved february 26 2014 1 . reuters news july 6 2011 advent buys the priory for 925m . the daily telegraph . 18 jan 2011 . retrieved 27 may 2012 . the priory offers counselling to pupils . the daily telegraph . 11 september 2009 . retrieved 26 may 2012 . the priory facts and figures . the observer . 15 april 2007 . retrieved 27 may 2012 . the celebrity guide to detox pass out check in and dry out . the independent . 6 january 2007 . retrieved 26 may 2012 . lululemon founder chip wilson votes against re election of outside directors . 7 august 2014 . http files.shareholder.com downloads lulu 3383971145x0xs1193125 14 300979 1397187 filing.pdf power shifts at lululemon as chip wilson seals deal . globe and mail . 11 june 2014 . http dealbook.nytimes.com 2014 11 06 investment firm raises new 2 1 billion fund for latin america noosa yoghurt sells to private equity firm . colorodoan . retrieved 2014 11 24 . external links edit official website v t e private equity and venture capital investment firms investment strategy venture growth mezzanine secondaries leveraged buyout history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s investors angel investor corporate venture capital commercial bank crowdfunding institutional investor insurance company investment bank endowment family office fund of funds high net worth individual merchant bank pension fund sovereign wealth fund private equity firms venture capital firms portfolio companies v t e largest private equity investment firms 3i group aac capital partners advent international alpinvest partners american capital apax partners apollo global management ares management bain capital bc partners berkshire partners the blackstone group bridgepoint capital candover the carlyle group ccmp capital cerberus capital management charterhouse capital partners cinven clayton dubilier & rice cvc capital partners doughty hanson & co encap investments eqt partners first reserve corporation fortress investment group general atlantic goldman sachs capital partners gtcr hellman & friedman h.i.g. capital jrk property holdings kkr trilantic capital partners leonard green & partners madison dearborn partners nordic capital oak investment partners oaktree capital management onex teachers private capital pacific equity partners pai partners permira providence equity partners sentinel capital partners silver lake partners summit partners sun capital partners ta associates terra firma capital partners thomas h. lee partners tpg capital warburg pincus welsh carson anderson & stowe private equity private equity firms venture capital firms portfolio companies retrieved from https en.wikipedia.org w index.php title advent international & oldid 743300990 categories private equity firms of the united statescompanies based in bostoncompanies established in 1984ta associateshidden categories articles with wayback machine links navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload 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