Charterhouse Capital Partners

Charterhouse Capital Partners
Limited liability partnership
Industry Private equity
Founded 1934 (1934)
Headquarters Paternoster Square
London, EC4
United Kingdom
Products Private equity funds, Leveraged buyouts
Website www.charterhouse.co.uk

Charterhouse Capital Partners is a private equity investment firm focusing on leveraged buyout of established, substantial businesses, based in Western Europe.

History

Founded in 1934,[1] Charterhouse Capital Partners is the oldest buyout firm in Britain.[2] The firm's predecessors, then a division of Charterhouse Bank, began raising third party equity in 1976.[1] In June 2001, the firm's management completed a management buyout from its then parent HSBC to become an independent investment firm.[3]

In 2014, the firm acquired SkillSoft, an Irish company that provides cloud-based technology services to governments, businesses, and schools, for $2.3 billion.[4] In 2014, Becky Pritchard wrote in The Wall Street Journal that Charterhouse is a "legendary low-profile firm".[5] In 2015, The Wall Street Journal called Charterhouse Capital Partners "the elder statesman of British private equity, 80 years old and among London's most prestigious and private firms".[6]

References

  1. 1 2 Jowett, Paul (2011). Private Equity: The German Experience. Palgrave Macmillan. p. 427. ISBN 978-1-349-35942-4.
  2. Porter, Kiel; Willmer, Sabrina (2013-11-12). "Charterhouse Heirs Struggle to Maintain Bonnyman Legacy". Archived from the original on 2016-01-18. Retrieved 2016-01-18.
  3. "Charterhouse sticks to its winning formula". Financial News. 12 January 2009. Retrieved 13 April 2017.
  4. "K-12 Dealmaking: Education Mergers, Acquisitions Rising in 2014, Report Shows". Retrieved 13 April 2017.
  5. Pritchard, Becky (2014-02-03). "Legal Battle Throws The Spotlight on Charterhouse". The Wall Street Journal. Archived from the original on 2016-01-02. Retrieved 2016-01-02.
  6. Clark, Simon; Pritchard, Becky (2015-01-05). "Infighting Roils Veteran British Buyout Firm Charterhouse Capital: Behind the Genteel Facade of the London-Based Private-Equity Firm Lurk Internal Frictions". The Wall Street Journal. Archived from the original on 2016-01-02. Retrieved 2016-01-02.


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