Warburg Pincus Makes Majority Investment in uvex group

Warburg Pincus Makes Minority Investment in United Trust Bank

December 12, 2024

Financial Services

Warburg Pincus has agreed to acquire a minority equity interest in United Trust Bank (UTB), valuing the specialist UK banking group at approximately £520 million. The growth capital investment — subject to regulatory approvals — will support UTB's continued expansion into new products and balance-sheet growth; UTB serves ~60,000 deposit customers with assets approaching £4 billion.

Warburg Pincus Takes Minority Stake in Aztec Group

September 3, 2024

Financial Services

Warburg Pincus has taken a minority equity stake in Aztec Group and will become a key client, using Aztec as its preferred fund administration partner across its global footprint. The investment will support Aztec's continued international expansion—particularly into the U.S.—and the build-out of capacity and capabilities while the existing management team and founder remain in place.

Warburg Pincus Acquires Majority Stake in Ebco

August 16, 2024

Manufacturing

Warburg Pincus has acquired a majority equity stake in Ebco Private Limited, one of India’s largest furniture fittings and architectural hardware manufacturers. Ebco’s promoters will retain a significant minority and remain involved in the business; the investment is intended to support national expansion, deepen manufacturing and R&D capabilities, and scale distribution across India.

Warburg Pincus Acquires Stake in Appasamy Associates

April 10, 2024

Medical Devices

Warburg Pincus has acquired a minority stake in Appasamy Associates Pvt. Ltd., the largest Indian manufacturer of ophthalmic equipment and intraocular lenses, to support the company's next phase of growth. Headquartered in Chennai and led by CEO Senthil Kumar alongside the promoter families, Appasamy will use the investment to scale product innovation, manufacturing and export expansion.

NEXT plc and Reiss Family Acquire Warburg Pincus' Stake in Reiss

September 1, 2023

Retail

NEXT plc and the Reiss family have agreed to acquire Warburg Pincus' entire 34% interest in the Reiss Group for total consideration of £128m. Following completion (expected mid-October 2023), NEXT's holding will increase from 51% to 72%, the Reiss family will hold 22% and Reiss management will retain 6%, with Reiss consolidated into NEXT's accounts.

Warburg Pincus Invests $400M in WEX Inc.

June 29, 2020

Payments & Fintech

WEX Inc. agreed to a $400 million private investment from an affiliate of Warburg Pincus, consisting of $310 million of convertible notes and $90 million of common stock, and also obtained an amendment to its senior secured credit facilities to increase financial flexibility. The transaction strengthens WEX's balance sheet and liquidity as it navigates COVID-19 headwinds and supports its strategic initiatives across fleet, travel and healthcare payments.