Press Release April 15, 2016

Advent International Raises $13 Billion Global Private Equity Fund

Goodwin Procter represented Advent International in a $13 billion fundraising for Advent International GPE VIII Limited Partnership, which recently completed fundraising after only six months in the market.

GPE VIII will pursue the same strategy as its predecessor funds, investing in buyouts, recapitalizations and growth equity transactions, primarily in Europe and North America and selectively in other regions such as Asia and Latin America.

Founded in 1984, Advent International is one of the largest and most experienced global private equity firms. With offices on four continents, Advent has established a globally integrated team of over 170 investment professionals, focused on buyouts and growth equity investments in five core sectors including business and financial services; healthcare; industrial; retail, consumer and leisure; and technology, media and telecom. 

The Goodwin team advising Advent was led by partners David Watson and Jim Donohue, and included partners Paul Verbesey, Neal Sandford, Scott Webster and Brian McDaniel, counsel Glynn Barwick, and associates Yvonne Fok, Mirela Hristova, Lynette Elam, Gabriela Morales-Rivera, Argyrios Saccopoulos, Jim Mattus, John Stern and Alyssa Penwell.

In 2012, Goodwin represented Advent in its $10.8 billion fundraising for Advent International GPE VII Limited Partnership.

For more details on the fundraising, please view Advent’s press release.