Permira Acquires Majority Stake in Boats Group from Apax Partners

Permira Acquires Majority Stake in Reorg from Warburg Pincus

August 1, 2022

Data & Analytics

Funds advised by Permira agreed to acquire the majority shareholding in Reorg from Warburg Pincus, with Reorg management retaining a significant ownership stake. The investment will support product innovation and accelerated growth for Reorg, a provider of data, analytics and intelligence for the global credit markets; financial terms were not disclosed and the deal was expected to close in Q3 2022.

Permira Acquires Majority Stake in Acuity Knowledge Partners from Equistone

January 27, 2023

Professional Services

Funds advised by Permira have acquired a majority stake in Acuity Knowledge Partners from Equistone Partners Europe; Equistone will reinvest as a minority shareholder and Acuity's management remains significantly invested. Headquartered in London, Acuity is a provider of research, analytics and business intelligence to financial services firms worldwide; Permira plans to support further investment in teams, services and technology to drive growth and geographic expansion. The deal is subject to customary regulatory approvals and was expected to close in Q2 2023; financial terms were not disclosed.

Permira Invests in Hana Group as TA Associates Exits

January 31, 2019

Food & Beverage

Permira (via a company backed by its funds) has agreed to acquire a controlling stake in Hana Group, partnering with the founders and management who will substantially reinvest. The transaction enables Permira to support Hana’s next growth phase — expanding geographies, channels and clients — while TA Associates exits its investment; the deal was expected to close in Q2 2019.

Marine Connection Acquires Majority Interest in Boaters Exchange

January 1, 2022

Retail

Marine Connection acquired an 80% majority interest in Boaters Exchange, a 20-year retail boat dealership operating two Central Florida locations (Rockledge and New Smyrna Beach). The founders and former partners Jerry Butz and Paul Berube retain a combined 20% and remain in management; Boaters Exchange operates with approximately $30M in sales and 42 employees, and the deal expands Marine Connection to nine Florida locations and $100M+ in sales.

Funds Advised by Permira Acquire Neuraxpharm from Funds Advised by Apax Partners

September 22, 2020

Pharmaceuticals

Funds advised by Permira have agreed to acquire the controlling stake in Neuraxpharm, a leading European specialty pharmaceuticals company focused on central nervous system (CNS) disorders, from funds advised by Apax Partners. Financial terms were not disclosed; Neuraxpharm had annual revenues in excess of €460 million and around 850 employees under Apax's ownership.

Borrow A Boat Acquires KellyBoat

September 27, 2022

Transportation

UK-based boat rental marketplace Borrow A Boat has acquired US peer-to-peer charter platform KellyBoat to accelerate its expansion in the United States. The deal will add KellyBoat's local expertise and inventory in New England and Florida markets to Borrow A Boat's global platform as the company opens an in-person US office to serve its fastest-growing market.