Capvis
Private | |
Industry | Private equity |
---|---|
Predecessor | SBC Equity Partners |
Founded | 1990 |
Headquarters | Baar, Switzerland[1] |
Products | Leveraged buyout, Growth capital |
Total assets | €3.2 billion |
Number of employees | 40+ |
Website | www.capvis.com |
Capvis is a
The firm is based in Baar and was founded in 1990.[2][3] The firm has raised approximately €3.2 billion since inception across three independent funds as well as two predecessor funds.[4]
History
The firm was founded in 1990 as division of
In 1999, shortly after the merger of Swiss Bank Corporation and Union Bank of Switzerland (UBS), the firm began to raise capital from outside investors. This first Capvis fund raised CHF 340 million of investor commitments. While UBS held approximately 40% of the firm's capital, the remainder came from Swiss and international investors.
In 2003, Capvis completed a spinout from UBS, including a buyout of the bank's ownership interest to become a fully independent private equity firm.[5] Subsequently, the firm completed fundraising for a €340 million fund, Capvis II.[6][7]
In 2008, Capvis raised €600 million for its third independent fund, Capvis III.[8]
In December 2013, Capvis bought swimwear brand Arena for an undisclosed sum.[9]
In 2014, the firm closed Capvis Equity IV for €720 million.[10]
In March 2015, it was reported that Capvis, other European buyout groups
In 2018, Capvis closed middle-market fund Capvis Equity V for €1.2 billion.[10]
In December 2019, Capvis acquires Tertianum Group.[12]
References
- ^ AG, DV Bern. "Capvis AG". Commercial register of canton Zug. Retrieved 20 October 2021.
- ^ "Latham Guides Roughly $1.4B Fundraising For Capvis - Law360". www.law360.com. Retrieved 2018-09-12.
- ^ Report, Plastics News. "Hennecke bought by Swiss private equity - Rubber & Plastics News". Rubber & Plastics News. Retrieved 2018-09-12.
- ^ "Investors & Funds - CAPVIS Equity Partners AG". www.capvis.com. Retrieved 2018-09-12.
- ^ Capvis. Thomson's Acquisitions Monthly, July 1, 2003
- ^ Swiss Capvis closes fund at E340m Archived February 23, 2005, at the Wayback Machine. AltAssets, June 12, 2003
- ^ Capvis Equity partners closes second fund at €340m. eFinancial News, June 17, 2003
- ^ Capvis Equity III closes on €600m Archived June 12, 2008, at the Wayback Machine. AltAssets, March 5, 2008
- ^ Turra, Alessandra (26 December 2013). "Capvis Acquires Swimwear Brand Arena". WWD. Retrieved 30 December 2013.
- ^ a b Pielichata, Paulina (2018-09-12). "Capvis Equity Partners closes €1.2 billion European private equity fund". Pensions & Investments. Retrieved 2018-09-12.
- ^ Schuetze, Arno (2 March 2015). "Fashion group Bogner attracts private equity interest -sources". Reuters. Archived from the original on 25 May 2015. Retrieved 25 May 2015.
- ^ "BRIEF-Swiss Prime Site Sells Tertianum Group To Capvis". Reuters. 2019-12-13. Retrieved 2020-05-29.
- Allianz Capital Partners to sell BARTEC to Capvis. AltAssets, August 6, 2008
- Capvis acquires KVT for €325m[permanent dead link]., July 21, 2008
- Swiss Capvis backs management buy-out of ORIOR Food Group. AltAssets, Aug 31, 2006
- HgCapital partners with Capvis in €325m acquisition of Koenig Verbindungstechnik. AltAssets, September 19, 2008
External links
- Capvis (company website)