Cinven is a European private equiy firm specilizing in buyouts. The firm is based in London and it maintains other offices in Frankfurt, Milan, Paris and Hong Kong. Founded in 1977, the firm acquires European-based company requiring equity investment of EUR 100 million or more. Since its inception, Civen has closed transactions of total value more than EUR 65 billions.
Civen focuses on six business sectors:
- Business Services: including transport, logistics and distribution, facilities management, business process outsourcing, IT services, rental services, inspection and testing and staffing.
- Consumer: including retail (clothing, department store, DIY, home furnishing, toy), leisure (gaming, health and fitness, pubs, cinemas, travel, hotels) and consumer goods (food manufacturing and distribution, household goods, electrical goods, beverages, textiles and apparel).
- Financial Services: both regulated and non-regulated financial industries on a levered or unlevered basis.
- Healthcare: including hospital operator, in-vitro diagnostics, opticians and distribution of medical products.
- Industrials: including building materials and construction (light to the heavy building materials), energy and natural resources (metal & mining, oil & gas, utilities & renewables, and chemicals) and engineering & manufacturing (industrial machinery, power & infrastructure equipment, and supply to the transport, aerospace and defence).
- Technology, Media and Telecommunications: including B2B magazines and exhibitions, satellite operator, consumer magazines, healthcare publisher, local newspapers, cable operator and academic publishing.
Cinven current investments are: Ahlsell, Avio, Avolon, Camaïeu, Coor, EnServe Group, Frans Bonhomme, Gondola, Guardian Financial Services, JOST, Maxeda, Numericable/Completel, Partnership Assurance, Partnerships in Care, Sebia, SLV, Spire Healthcare and Ziggo.
Some of Civen’s realised investments are: Ainscough Crane Hire, Amadeus, Associated Fresh Foods, Beauty International Fragrances, British Bus Limited, Headline Book Publishing, United Biscuits and Semitron Industries.
On November 24, 2011, Cinven announced the completion of its acquisition of Guardian Financial Services. Cinven acquired Guardian for GBP 275 million from AEGON.
On November 2011, Cinven was awarded Best European Large LBO fund 2011 at Private Equity Exchange summit held in Paris.
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