Advent

Congratulations to the European cohort of Advent Leadership Academy graduates!   Created for Advent by Harvard Business School Executive Education, the program helps unlock leadership potential by providing hands-on training to future leaders from our portfolio companies.   We’re excited for all that this talented group will achieve in the years to come.

From sweet beginnings to a chocolate empire. We’re proud to announce that our investment in Kopenhagen e Chocolates Brasil Cacau (Grupo CRM) has been awarded Deal of the Year at the 2024 Global Private Capital Association Deal Awards. Led by trailblazing CEO Renata Moraes Vichi, Kopenhagen e Chocolates Brasil Cacau (Grupo CRM) is the largest premium chocolate manufacturer and retailer in Brazil. Through a collaborative partnership, we worked closely with Vichi to help expand Grupo CRM’s footprint and reinforce the leadership team, while retaining the innovative and people-centric culture at the heart of the company. Our work together helped lay the foundation for Grupo CRM’s next chapter following the recent sale to Nestle. Read the whole story: https://lnkd.in/eQXpZKQc

We see the potential for brilliance. For over 40 years, we have focused on identifying breakout potential and fostering growth through relationships built on trust, transparency, and respect. Today, we are thrilled to share our new brand, which you can explore on our new website. Who we are is not changing, this is just the latest step in our continuous evolution. https://lnkd.in/eB2PAX_s

We were proud to host the recent Level 20 Path to Partnership event at our office in Milan. Amelie Scaramozzino, Assistant Director here at Advent and Level 20 Italy Chair, moderated the conversation with Cheryl Potter, former Level 20 Chair and former Head of the Global Consumer Team at Permira. The discussion focused on providing practical advice to women seeking to advance their careers as deal professionals. Cheryl detailed her journey to partnership, leadership in deal success, and how she balanced a high-powered career with raising a family. A heartfelt thanks to Cheryl for sharing her story and advice on mentorship, overcoming barriers, and approaching leadership with empathy and resilience.

We're thrilled to announce the sale of our stake in NEORIS to EPAM. NEORIS is a global provider of technology consultancy and digital transformation services. Since we invested in NEORIS in 2022, the company has accelerated its cutting-edge digital offerings, such as computer vision and GenAI, grown its presence in the US, and revamped delivery through strengthening operations. We’re proud to have collaborated in the transformation of NEORIS into a leading IT service player, underscoring our commitment to driving growth and innovation in the tech industry in LatAm. Congratulations to EPAM Systems on their acquisition, which opens new doors for strategic expansion. Thank you to our partners at Cemex, the talented NEORIS management team, and all NEOS for their hard work and collaboration throughout this process. We look forward to witnessing the progress that lies ahead!

What do peak levels of dry powder mean for deal activity? Advent Director Douglas Hallstrom shared with Reuters why he expects to see #privateequity deal flow accelerate. Read the full article: https://lnkd.in/eu4d7_dM

Advent Global Opportunities’ Mohammed Anjarwala recently discussed the opportunities in Aerospace at this year’s J.P. Morgan / Robin Hood Investors Conference.    The charity-driven conference brings business leaders together for insightful investment discussions while supporting Robin Hood’s vital poverty-fighting efforts in New York City.

Volue is a leading supplier of software and data solutions to the energy and infrastructure sectors. We have partnered with Arendals Fossekompani ASA and Generation Investment Management to complete the acquisition of the Norway-based technology company. This new partnership brings together a strategic combination of software, sustainability, and financial expertise to help accelerate Volue’s next phase of growth at a key moment during the #EnergyTransition. We’re excited for the road ahead, read more here: https://lnkd.in/eYcuVrTS

What are the current trends in the consumer M&A market? Neha Mathur, a Vice President on our consumer team, recently shared her thoughts on a panel at the Kayo Conference Series Women in M&A Summit:

At this year’s Advent Tech Summit, we convened C-suite leaders from cutting-edge companies across our portfolio to explore the transformative power of #GenAI.   Throughout two days of sessions, presentations, and breakout room discussions facilitated by John Shea, Jaimee Michaud, and Advent Operational Advisors, attendees unpacked the current challenges with GenAI and the innovative solutions companies in the Advent network are developing to meet them head-on.   The summit featured illuminating conversations with industry experts across sectors, including Priti Choksey Shah from Iodine Software and Dr. Nihal Mehta from AccentCare, who demonstrated AI’s role in driving better healthcare outcomes, Devashish Saxena, who showcased how GenAI is revolutionizing e-commerce efficiency for Imperial Dade, and Troy Treangen, who dove into how NielsenIQ is using AI to reshape consumer insights.   The conversations, case studies, and live product demos exemplified the dynamic transformations occurring across sectors and gave a glimpse into how some of the brightest minds in tech are using GenAI to unlock value and efficiency at scale.