Advent International - Investments

Investments

Advent acquired the British variety store chain Poundland in 2002 and has investments in the Fat Face clothing brand and extended warranty firm Domestic & General.

In 2004 Advent-owned fund Viva Ventures bought the Bulgarian state-owned telecoms monopoly Bulgarian Telecommunications Company (now Vivacom). The company was sold to AIG in 2007.

Advent bought a majority ownership of Bradco Supply, a leading distributor of building products in 2008.

Advent has acquired a number of companies in Central and Eastern Europe through its dedicated regional funds. These include Romanian Ceramica IASI, one of Romania’s leading ceramic bricks and clay roof tiles producers, Bolix, a leading Polish producer of building chemistry, Dufa Deutek, Romania’s largest decorative paints producer, and LaborMed Pharma, which manufactures and distributes generic pharmaceuticals primarily for cardiovascular and central nervous system aliments.

In 2007 Advent's Asia affiliate led the restructuring of Yangzijiang Shipbuilding, one of China's largest privately owned shipbuilders, and successfully listed the company on the Singapore Stock Exchange; making it one of the largest IPO by a foreign company in Singapore.

In March 2009 Advent announced the acquisition of a controlling interest in Fifth Third Processing Solutions, the payment processing business of Fifth Third Bank in a $2.35 billion transaction. The transaction represented one of the largest private equity transactions completed in 2009 amidst the Financial crisis of 2007–2010. The deal was completed in June 2009. For information on Advent International's additional investments visit >Advent International's Investments. In August 2010 Advent International was credited with spawning the takeover of Mexicana Airlines by an outside investor group. Advent International has no equity investment stakes in the takeover according to published sources.

In 2011 Advent acquired Mondo Minerals Holding B.V., the second largest global talc producer and British mental heathcare provider, Priory Group, best known for providing mental health treatments to celebrities such as Eric Clapton and Johnny Depp.

In August, 2011 Advent International acquired Bojangles. Bojangles is a regional chain of quick service restaurants based in Charlotte, North Carolina

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