Advent International, a privately owned firm founded in 1984 and headquartered in the U.S., is a global private equity and venture capital investor. Employing approximately 970 people, the company focuses its investments across various sectors, including technology, media and telecommunications, financial services, and healthcare.
GTCR, a Chicago-based private equity firm, acquired Zentiva from Advent International on an undisclosed date in a transaction valued at €4.1 billion. The Financial Times first reported the deal on Wednesday, with Reuters reporting on Thursday that Zentiva confirmed the sale. The deal was finalized and expected to be announced within days, according to The Financial Times. Separately, Advent International's latest flagship fund reportedly surpassed $20 billion in commitments within a few months. There is no specified date for this event. Advent International's investment strategy, including sector specialization and long-term partnerships, was discussed by Managing Partner Patrice Etlin. This discussion did not include dates. There is no information provided about the Xplor Technologies and Clubessential Holdings merger in relation to Advent International.
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