Investment strategy

Advent employs a long-established strategy of operationally intensive, sector-focused investing across North America, Latin America, Europe and Asia. We seek to invest in well-positioned companies with operational and strategic improvement potential and partner with management teams to create value by driving revenue and earnings growth.

We do not designate a fixed percentage of capital to any particular geography or sector. We can respond to changing market conditions and dynamically allocate capital and resources to the most attractive investment opportunities across our target markets.

Sector specialization

We focus on five core industry sectors where we have substantial experience and deep local and international knowledge:

  • Business & Financial Services
  • Healthcare
  • Industrial
  • Retail, Consumer & Leisure
  • Technology

We have been investing in each of these sectors an average of 29 years and have made at least 45 and in most cases over 75 investments worldwide in each sector. This specialization enables us to develop useful insights into industry trends and create effective strategies to better support our portfolio companies in achieving their growth objectives.

 

Geographic focus

We manage two investment programs focused on established and developing markets around the world: Global Private Equity (GPE), investing in North America, Europe and selected markets globally including Asia, and Latin American Private Equity Fund (LAPEF), investing across Latin America. The table at the bottom of this page provides a snapshot of each program.

 

Flexibility across
deal types and sizes

The breadth and depth of our capabilities gives us flexibility to invest in transactions of various types and sizes. Our track record of over 350 private equity investments includes deals ranging from all-equity and leveraged buyouts to growth equity investments, public-to-private transactions and recapitalizations. Depending on the fund we’re deploying, we can invest anywhere from $50 million to $1 billion of equity in companies with enterprise values of $50 million to $3.5 billion and above (see table below).

 

Ownership approach

We typically take a majority shareholding in a company, as our experience shows that we can support the implementation of the value creation plan more effectively if we have control and are an active owner. However, we will also consider minority ownership where we are working with like-minded shareholders.

 

Operationally driven
value creation

We partner with high-quality management teams to build long-term value in companies by driving revenue and earnings growth through operational improvements, strategic repositioning and market expansion, both domestically and internationally. Value is created mainly through operational expertise rather than financial engineering.

 

INVESTMENT PROGRAMS

Region(s) North America / Europe / Global North America / Europe / Global Latin America
Current fund Global Private Equity IX (GPE IX) Advent Tech Latin American Private Equity Fund VI (LAPEF VI)
Size $17.5 billion/€15.6 billion $2.0 billion $2.1 billion
Geographic focus North America, Europe and other selected markets globally North America, Europe and other selected markets globally Brazil, Colombia, Mexico, Peru and other selected Latin American markets 
Sector focus Business & financial services
Healthcare
Industrial
Retail, consumer & leisure
Technology
Technology
Application software
Data 
Tech & communications services
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Business & financial services
Healthcare
Industrial & infrastructure
Retail, consumer & leisure
Technology
Deal types Buyouts, growth equity investments, public-to-private transactions, recapitalizations Control buyouts/corporate carve-outs, minority growth investments, public-to-private transactions  Buyouts, growth equity investments, public-to-private transactions, recapitalizations
Advent equity investment $/€100 million–$/€2 billion $50 million–$2 billion (incl. co-investment with Advent’s GPE IX fund) $50 million–$300 million
Company enterprise value Up to $/€5 billion and selected larger transactions $200 million–$5 billion and selected larger transactions (incl. co-investment with Advent’s GPE IX fund) $50 million–$1 billion and selected larger transactions

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