Bridgepoint Capital

Bridgepoint Capital
Private Ownership, Limited partnership
Industry Private equity
Founded 1984 (1984)
Headquarters London, W1
United Kingdom
Products Investments, private equity funds
Total assets €18 billion (£16 billion)
Website www.bridgepoint.eu

Bridgepoint is a pan-European private equity investor focused on acquiring leading middle market businesses valued up to €1 billion. Its investments have included the Azzurri Group, Element Materials Technology and Pret a Manger in the UK, Dorna in Spain, Balt, eFront and Histoire d'Or in France. It also operates a second business, Bridgepoint Development Capital, which specialises in smaller cap businesses valued up to €150 million.[1][2]

History

Bridgepoint Capital was founded as NatWest Equity Partners, a private equity firm part of NatWest. The firm was renamed Bridgepoint Capital in May 2000 following a management buyout from NatWest Group.[3][4]

In May 2002, Bridgepoint closed its first fund following its independence from NatWest. The fund closed at €2 billion, and made its first investments in WT Foods, Virgin Active and Hydrex.[5]

The firm closed its Europe II fund in 2001[6] and its Europe III fund in 2005.[7][8] Bridgepoint closed its Europe IV fund in 2008 for €4.8 billion.[9]

In March 2015 Bridgepoint closed its latest €4 billion Bridgepoint Europe V fund, bringing to €20.5 billion the amount of committed capital raised to date.[10]

In August 2018, Dyal Capital Partners acquired a minority stake in Bridgepoint.[11][12]

Notable investments

See also

References

  1. ↑ Quinn, James (2010-09-25). "Bridgepoint staff share £44m pay pot despite a sharp drop in profits". ISSN 0307-1235. Retrieved 2018-09-13.
  2. ↑ "Bridgepoint / Bridgepoint Development Capital". www.bridgepoint.eu. Retrieved 2018-09-13.
  3. ↑ "NWEP becomes Bridgepoint Capital". Retrieved 2018-09-13.
  4. ↑ Mehra, Nina. "NatWest Equity Partners is renamed Bridgepoint Capital". Retrieved 2018-09-13.
  5. ↑ Chinwala, Yasmine. "Bridgepoint closes first fund since independence at &euro2bn". Retrieved 2018-09-13.
  6. ↑ "Bridgepoint Europe II | Palico". www.palico.com. Retrieved 2018-09-13.
  7. ↑ "Bridgepoint Raises $4.3B For 5th Middle-Market Buyout Fund - Law360". www.law360.com. Retrieved 2018-09-13.
  8. ↑ "Bridgepoint Europe III | Palico". www.palico.com. Retrieved 2018-09-13.
  9. ↑ "Bridgepoint closes in on maiden Fund IV deal | Private Equity International". Private Equity International. 2013-01-05. Retrieved 2018-09-13.
  10. ↑ "NWEP renamed Bridgepoint Capital after MBO from NatWest". Press Room. Bridgepoint Capital. 2000-05-07. Archived from the original on July 5, 2007. Retrieved 2007-06-03.
  11. ↑ Pielichata, Paulina (2018-08-13). "Dyal Capital Partners takes stake in Bridgepoint". Pensions & Investments. Retrieved 2018-09-13.
  12. ↑ Lim, Dawn; Louch, Will (2018-08-11). "Bridgepoint to Sell Minority Stake to Neuberger Berman Unit". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-09-13.
  13. ↑ Pret a Manger to be sold to private equity, The Telegraph, 23 February 2008
  14. ↑ "Leeds Bradford Airport sold to Australian investment fund". www.yorkshireeveningpost.co.uk. Retrieved 19 December 2017.
  15. ↑ Natwest subsidiary buys Dennis Eagle Commercial Motor 5 August 1999
  16. ↑ Eagle strike Commercial Motor 15 January 2004
  17. ↑ "Bridgepoint / Moneycorp acquired by Bridgepoint in transaction totalling £212 million". Bridgepoint.eu. Retrieved 2017-03-02.
  18. ↑ Walsh, Dominic (May 11, 2009). "Virgin Active seeks to grow la dolce vita". London: The Times. Archived from the original on 14 May 2009. Retrieved 2009-05-29.
  19. ↑ Bawden, Tom (October 14, 2005). "Private equity firm close to sealing $530m deal to buy Bridgepoint". London: The Times. Retrieved 2009-05-29.
  20. 1 2 "Bridgepoint / Bridgepoint completes £250 million acquisition of ASK ITALIAN and ZIZZI". Bridgepoint.eu. Retrieved 2017-03-02.
  21. ↑ "Bridgepoint / Bridgepoint Development Capital Invests in European online payments services provider Trustly". Bridgepoint.eu. Retrieved 2015-11-26.
  22. ↑ Bridgepoint Acquires Inspiring Learning, The PIE, 23 November 2016


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