IN THIS SECTION


Global highlights 2009

Sector experience ~ IndustrialIn complex and fragmented industrial markets, there are many strong product leaders that could benefit from new investment, strategic repositioning and structured governance.

Market trends

The prospects for long-term growth in this sector remain strong, particularly for businesses active in emerging markets. However, short-term issues such as over capacity, pricing pressures and capital limitations are making it difficult for businesses to take advantage of the opportunities that exist today. We have backed more than 70 industrial companies worldwide, investing across a broad range of specialized subsectors including chemicals, construction, electronics, energy and mining.

RECENT INVESTMENTS


Bradco Supply (2008)

 
“When Advent took over the company in August 2008 the company was performing well, but we needed to bring in more standardised practices to run the company and to build a platform for growth.”


Tom Karol
Executive Chairman, Bradco Supply

North AmericaBradco supply

Bradco Supply is the third largest supplier of residential and commercial roofing supplies to building contractors in the US. When we acquired Bradco in August 2008, it had a top two position in 30 states but was underperforming relative to its peers. Its progress since the acquisition has been rapid. Today our financial and operational improvements have resulted in a leaner company poised for increased profitability. As demand picks up with the recovery of the market, the focus is on improving sales effectiveness, increasing the national footprint and expanding into complementary product markets through an active acquisition strategy.

www.bradcosupply.com


RECENT EXITS


Nukem Technologies (2009)*
Axtone (2008)
Bolix (2008)
Moeller (2008)
SAG (2008)

 
* Subsidiary of Advent portfolio company RWE Solutions.