General Atlantic, a leading global growth equity firm, announced today that Henri de Castries, former Chairman and CEO of AXA Group has joined General Atlantic as Chairman of Europe and special advisor.
General Atlantic, a leading global growth equity firm, today announced the appointment of Aaron Goldman to Head of Financial Services and Software for the EMEA region. Mr. Goldman, who joined General Atlantic’s New York Office in 2007, has relocated and will now be based in the firm’s London office.
ControlExpert, a leading service provider to the car insurance industry, today announced a strategic partnership with General Atlantic, a leading global growth equity firm. General Atlantic provides capital and strategic support to growth companies by combining sector-specific expertise, a long-term investment horizon, and a deep understanding of growth drivers to partner with great management and build exceptional businesses worldwide.
FlixBus, one of Europe’s leading innovators in travel technology, and Silver Lake, the global leader in technology investing, today announced that Silver Lake has made a strategic investment in the company. Existing investors General Atlantic, a leading global growth investor, Holtzbrinck Ventures and Daimler also participated in the investment round.
General Atlantic, a leading global growth equity firm, together with the online marketplace investors Pierre Siri and Henrik Persson, today announced the acquisition of a majority stake in Hemnet, Sweden’s leading online real estate classifieds platform. Following the investment, General Atlantic will become a majority shareholder. The consortium, consisting of Henrik, Pierre and investors in their investment company Merro, will take a minority stake in the company, joining existing investors Fastighetsmäklarförbundet (“FMF”) and Mäklarsamfundet (“MS”), the real estate broker associations in Sweden.
The ProSiebenSat.1 Group, one of the largest independent media companies in Europe, and General Atlantic, a leading global growth equity firm, today announced their investments in KäuferPortal, a market leading online portal in Germany that connects customers with a vendor network for consulting-intensive products and services for home improvement and financial services. ProSiebenSat.1, expert for brand building, and General Atlantic, a strategic partner that brings capital and operational expertise to entrepreneurs and management teams to help drive growth, will each acquire a 42 percent stake in the company. The other shares will remain with the company’s founders Robin Behlau and Mario Kohle. Both of the founders will remain at KäuferPortal in their current functions: Behlau as CEO, Kohle as chairman of the advisory board. The transaction must still be approved by the responsible cartel authorities.
Joe & the Juice, a fast-growing urban juice bar and coffee concept, today announced that General Atlantic, a leading growth equity firm, has made a strategic growth investment in the company. General Atlantic joins existing investor Valedo Partners, a Stockholm-based growth-oriented private equity firm, as a minority shareholder.
Global energy and commodity price reporting agency Argus announced today that it has signed a definitive agreement to enter a strategic partnership with leading global growth equity firm General Atlantic. General Atlantic will acquire a majority stake in the business, enabling Argus to fuel its next phase of global expansion.
ZIMMERMANN, the Australian luxury fashion brand, announced today a minority investment from General Atlantic, a leading global growth equity firm, to accelerate the company’s expansion in the United States, Europe and around the world.
General Atlantic, a leading global growth equity firm, announced today that Achim Berg, former Chief Executive Officer of arvato AG, will join General Atlantic as an Operating Partner effective April 1, 2016. Mr. Berg will work closely with the firm’s portfolio companies both in Germany and globally. He will be based in General Atlantic’s Munich office.
Axel Springer acquires the remaining 15 percent in online classified ad company Axel Springer Digital Classifieds
Axel Springer, one of the world’s largest digital publishers in terms of reach, has acquired a 15 percent ownership interest in Axel Springer Digital Classifieds GmbH from General Atlantic, a leading global growth equity firm. Through this transaction, Axel Springer is the 100 percent holder of the Axel Springer Digital Classifieds, which includes StepStone, SeLoger, Immowelt/Immonet and yad2. As part of the transaction, General Atlantic will receive 8,955,311 new shares in Axel Springer SE. Thus, General Atlantic holds 8.3 percent in Axel Springer. The new shares are created on the basis of the authorized capital as agreed at the Annual General Meeting 2015.
General Atlantic and Warburg Pincus Make Strategic Growth Investment in Network International as The Abraaj Group Exits 5-year Investment
Network International (the “Company”), a leading payment solutions provider in the Middle East and Africa, today announced that affiliates of global investment firms Warburg Pincus and General Atlantic have agreed to acquire a 49% stake in the Company from The Abraaj Group (“Abraaj”). Emirates NBD will continue to own a 51% stake in the Company.