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Advent International

North America, Massachusetts, United States, Boston

Description

Advent International is a prominent global private equity firm, established in 1984, with a long-standing track record of investing across five core sectors: business and financial services, healthcare, industrial, retail, consumer and leisure, and technology. Headquartered in Boston, the firm operates with a truly global footprint, maintaining offices in 12 countries across four continents. This extensive international presence enables Advent to identify and execute complex transactions, leveraging local market insights and a vast network of industry experts. The firm's strategy is centered on making control-oriented investments in well-established companies, often through buyouts, public-to-private transactions, and growth equity investments.

Advent's investment approach emphasizes deep sector expertise, operational value creation, and a global perspective. They partner with management teams to drive strategic growth, improve operational efficiency, and expand market reach. The firm’s commitment to building sustainable value is evident in its long-term investment horizon and its focus on fundamental business improvements rather than financial engineering. With over 415 private equity investments completed in 42 countries worldwide since its inception, Advent has demonstrated a consistent ability to identify and scale businesses across diverse economic cycles and geographies.

The firm manages significant capital, with approximately $92 billion in assets under management as of September 30, 2023. This substantial capital base allows Advent to execute large-scale transactions and provide the necessary resources for portfolio companies to achieve their strategic objectives. In 2024, Advent closed its latest global private equity fund, Advent Global Private Equity X (GPE X), at its hard cap of $25 billion, underscoring strong investor confidence in its strategy and performance. This fund is among the largest private equity funds ever raised, positioning Advent to continue its strategy of investing in market-leading businesses with significant growth potential.

Investor Profile

Advent International has backed more than 223 startups, with 7 new investments in the last 12 months alone. The firm has led 89 rounds, about 40% of its total and boasts 85 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Brazil, India.
  • Strong thematic focus on Software, Health Care, Biotechnology.
  • Led 4 rounds in the past year.
  • Typical check size: $200M – $2000M.

Stage Focus

  • Private Equity (40%)
  • Series C (12%)
  • Series B (12%)
  • Series Unknown (11%)
  • Series D (9%)
  • Series A (4%)
  • Post Ipo Equity (4%)
  • Series E (3%)
  • Secondary Market (2%)
  • Series F (1%)

Country Focus

  • United States (54%)
  • Brazil (6%)
  • India (4%)
  • United Kingdom (4%)
  • Mexico (4%)
  • Poland (2%)
  • Spain (2%)
  • Canada (2%)
  • Ireland (2%)
  • China (1%)

Industry Focus

  • Software
  • Health Care
  • Biotechnology
  • Information Technology
  • Manufacturing
  • Telecommunications
  • E-commerce
  • Financial Services
  • Internet
  • Medical
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Advent International frequently co-invest with?

Goldman Sachs
North America, New York, United States, New York
Co-Investments: 4
Mayfield Fund
North America, California, United States, Menlo Park
Co-Investments: 4
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 7
Atlas Venture
North America, Massachusetts, United States, Cambridge
Co-Investments: 5
Apax Partners
Europe, England, United Kingdom, London
Co-Investments: 5
Alta Partners
North America, Mississippi, United States, Jackson
Co-Investments: 8
SH
North America, Massachusetts, United States, Boston
Co-Investments: 4
Accel
North America, California, United States, Palo Alto
Co-Investments: 8
Oxford Bioscience Partners
North America, Massachusetts, United States, Boston
Co-Investments: 4
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 5

Which angels does Advent International often collaborate with?

ZL
North America, Texas, United States, Austin
Shared Deals: 1
JS
North America, Michigan, United States, Grand Blanc
Shared Deals: 1
JF
North America, New York, United States, New York
Shared Deals: 1
RH
Europe, Berlin, Germany, Berlin
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Advent International?

Coralogix

Ramat Gan, Tel Aviv, Israel

Coralogix is a SaaS platform that uses machine learning algorithms to facilitate delivery and maintenance processes for software providers.

AnalyticsArtificial Intelligence (AI)Machine LearningSaaS
Series EJun 17, 2025
Amount Raised: $115,000,000
Felix Pharmaceuticals

Dublin, Dublin, Ireland

Felix Pharmaceuticals goal is to provide companion pets with high-quality, reasonably priced bio-equivalent generics.

PetPharmaceutical
Private EquityJun 9, 2025
Amount Raised: $175,000,000
Felix Pharmaceuticals

Dublin, Dublin, Ireland

Felix Pharmaceuticals goal is to provide companion pets with high-quality, reasonably priced bio-equivalent generics.

PetPharmaceutical
Secondary MarketJun 9, 2025
Merama

Mexico City, Distrito Federal, Mexico

Merama provides funding, expertise, and resources to help digitally native brands grow and expand their presence.

Consumer GoodsE-CommerceFinanceRetail
Series UnknownApr 2, 2025
Amount Raised: $45,000,000
Ayar Labs

San Jose, California, United States

Ayar Labs develops optical I/O solutions for large-scale AI workloads to accelerate data movement within AI systems.

ComputerHardwareInformation TechnologySemiconductor
Series DDec 11, 2024
Amount Raised: $155,000,000
Seek Pet Foods

Shandong, Fujian, China

Seek Pet Foods is a OEM/ODM manufacturer of pet food and other products.

Food ProcessingIndustrial ManufacturingPet
Private EquityAug 12, 2024
Amount Raised: $139,372,822
Shuaike Pet Food Products

Linyi, Shandong, China

Shuaike Pet Food Products is a pet food manufacturing company.

Animal FeedFood ProcessingManufacturingPet
Series UnknownAug 8, 2024
Amount Raised: $139,380,593
Fisher Investments

Plano, Texas, United States

Fisher Investments is an independent, fee-only investment adviser.

Financial Services
Private EquityJun 17, 2024
Prometheus Group

Raleigh, North Carolina, United States

Prometheus Platform is a suite of integrated solutions deployed on mobile/desktop that natively extend and enhance your EAM, ERP, or CMMS.

Asset ManagementEnterprise ApplicationsEnterprise Resource Planning (ERP)Enterprise SoftwareSaaSSoftware
Private EquityJun 5, 2024
Apollo Healthco

Chennai, Tamil Nadu, India

Apollo Healthco is a holding company formed to procurement of pharmaceutical and other wellness products.

MedicalPharmaceuticalWellness
Private EquityApr 26, 2024
Amount Raised: $296,753,872