Trilantic Capital Partners
{{Short description|Global private equity firm}}
{{Infobox company
| name = Trilantic Capital Partners
| logo = Image:Trilantic Logo.png
| type = Private
| predecessor = Lehman Brothers Merchant Banking
| foundation = {{start date and age|2009}}{{cite news|title=Trilantic Capital Partners Sells MicroStar Logistics|url=http://www.pehub.com/2013/01/trilantic-capital-partners-sells-microstar-logistics/|newspaper=peHUB|date=January 3, 2013}}
| parent =
| key_people = Charles Ayres, chairman, Trilantic executive committee
Vittorio Pignatti-Morano, chairman, Trilantic Europe{{cite news|title=Company Overview of Trilantic Capital Management LLC|url=http://investing.businessweek.com/research/stocks/private/people.asp?privcapId=32280519|archive-url=https://archive.today/20130118232605/http://investing.businessweek.com/research/stocks/private/people.asp?privcapId=32280519|url-status=dead|archive-date=January 18, 2013|newspaper=Bloomberg Businessweek}}
| location = New York, New York, U.S.
London, England, UK
| industry = Private equity
| products = Leveraged buyout, growth capital
| num_employees = 60+
| homepage = {{url|http://www.trilantic.com}}
}}
Trilantic Capital Partners is a global private equity firm focused on control and significant minority investments across a range of industries in North America and Europe managed by Trilantic North America and Trilantic Europe.{{cite news|title=Addison Group Announces Partnership with Trilantic Capital Partners|url=http://www.marketwatch.com/story/addison-group-announces-partnership-with-trilantic-capital-partners-2013-09-30|date=Sep 30, 2013}} The firm specializes in management buyouts, recapitalizations, growth equity, middle market investments and corporate divestitures investments. Trilantic invests through equity and equity-linked securities transactions.{{cite news|title=Company Overview of Trilantic Capital Management LLC|url=http://investing.businessweek.com/research/stocks/private/people.asp?privcapId=32280519|archive-url=https://archive.today/20130118232605/http://investing.businessweek.com/research/stocks/private/people.asp?privcapId=32280519|url-status=dead|archive-date=January 18, 2013|newspaper=Bloomberg Businessweek|date=November 13, 2013}}
Trilantic North America primarily targets investments in the business services, consumer, energy and financial services sectors; Trilantic Europe primarily targets investments in business services, consumer and leisure, healthcare, industrial and TMT sectors.{{cite news|title=Company Overview of Trilantic Capital Partners IV, L.P|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=28332457|archive-url=https://archive.today/20140516192919/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=28332457|url-status=dead|archive-date=May 16, 2014}}{{cite news|title=Trilantic Capital Partners Raises $2.2 Billion|url=http://www.prnewswire.com/news-releases/trilantic-capital-partners-raises-22-billion-235047811.html|newspaper=PR Newswire}} The firm has managed six institutional private equity funds with aggregate capital commitments of $9.7 billion, as of July 2019.{{cite news|title=Trilantic North America Raises $2.75 Billion, at hard cap|url=https://www.businesswire.com/news/home/20190722005086/en/Trilantic-North-America-Raises-2.75-Billion-at-Hard-Cap|newspaper=businesswire|date=July 22, 2019}}
History
Trilantic was spun out from Lehman Brothers Merchant Banking (LBMB), in 2009,{{cite news |last1=Hausmann |first1=Daniel |title=Lehman's Former Merchant Banking Unit Trilantic Capital Soars |url=https://www.wsj.com/articles/DJFDBR0020110301e7310002u |accessdate=18 June 2020 |publisher=The Wall Street Journal |date=March 1, 2011}} by five founding partners, each of whom had workers at LBMB,{{cite news|title=Former Lehman Team Seeking $2B for New Fund|url=https://www.bloomberg.com/news/2011-12-22/ex-lehman-brothers-team-seeks-2-billion-for-trilantic-private-equity-fund.html|newspaper=Bloomberg|date=December 22, 2011}}{{cite news|title=Trilantic Reins In $1.4B for Fund V|url=http://pevc.dowjones.com/Article?an=DJFLBO0020130417e94hj1yx0&cid=32135011&ctype=ts&pid=15&ReturnUrl=http%3a%2f%2fpevc.dowjones.com%2fArticle%3fan%3dDJFLBO0020130417e94hj1yx0%26cid%3d32135011%26ctype%3dts%26pid%3d15|newspaper=LBO Wire|date=April 17, 2013}} which had been founded as the private equity arm of Lehman Brothers, in 1986, during the 1980s leveraged buyout boom.{{cite news|title=Lehman Brothers Names Charles Ayres Head of Global Merchant Banking Business|url=http://www.prnewswire.com/news-releases/lehman-brothers-names-charles-ayres-head-of-global-merchant-banking-business-70835772.html|newspaper=PR Newswire|date=April 10, 2003}} In April 2009, Trilantic acquired LBMB out of the bankruptcy estate of Lehman Brothers with the support of Reinet Investments S.C.A, a Luxembourg securitization vehicle controlled by the Rupert family and listed on the Luxembourg Stock Exchange.{{cite news|title=Ex-Lehman unit rebrands as Trilantic Capital|url=http://www.peimedia.com/Article.aspx?article=35862&hashID=3E4B538AFFD78490179EB3142870BEE99FABFF95|newspaper=Private Equity International|date=April 15, 2009}} On May 11, 2022, it was announced that Trilantic Europe is buying the polling company Kantar Public (previously part of the Kantar Group) in the third quarter of 2022.{{Cite web |last=marktforschung.de |title=Kantar gibt Verkauf seines Public-Geschäfts bekannt |url=https://www.marktforschung.de/marktforschung/a/kantar-gibt-verkauf-des-kantar-public-geschaefts-bekannt/ |access-date=2022-09-12 |website=www.marktforschung.de |language=de-de}} Kantar Public subsequently rebranded as Verian.{{cite web |title=Kantar Public rebrands globally to become Verian |url=https://www.veriangroup.com/press-release/kantar-public-rebrands-globally-to-become-verian |website=Verian Global Homepage |access-date=26 May 2024}}{{cite news |last1=Kay-McClean |first1=Liam |title=Kantar Public changes name to Verian |url=https://www.research-live.com/article/news/kantar-public-changes-name-to-verian/id/5119223 |publisher=Research Live |date=9 November 2023}}
See also
References
{{reflist|2}}
External links
- [http://www.trilanticpartners.com/ Trilantic Capital Partners] (company website)
{{Private equity and venture capital}}
{{Merchant banking private equity groups}}
Category:Private equity firms of the United States
Category:Financial services companies established in 2009