Kurt Geiger sold to New York’s Steve Madden for £289m Retail Private equity firm Cinven has announced the sale of Kurt Geiger to shoe brand Steve Madden for £289m. Cinven bought the footwear and accessories brand in 2015 for £245m, and has since greatly expanded the business in the US. In America alone, sales surged by 58.7 per cent to over £110m from February to September [...]
Grant Thornton UK partners green light private equity deal with Cinven Business Accountancy giant Grant Thornton UK partners have "unanimously voted in favour" of investment from private equity firm Cinven
Private equity firm snaps up Evelyn Partners accounting arm for £700m Business British private equity firm Apax has bought Evelyn Partners accounting arm for £700m, according to reports. Apax was in a bidding war with private equity peer Bridgepoint to snap up the professional services unit, which includes the business formerly known as Smith & Williamson that Evelyn Partners bought back in 2020. But Apax emerged the [...]
Private equity firms make multimillion-pound swoop for pet food business March 24, 2024 Private equity firms Advent International and CVC Capital have reportedly joined forces to make a bid for Partner in Pet Food, an animal food brand owned by Cinven.
Alter Domus: Cinven buys majority stake in fund administrator March 4, 2024 Permira first took a stake in Alter Domus in 2017, with the firm having seen revenue, earnings before interest, taxes, depreciation, and amortisation (EBITDA) and employees quintuple in that time.