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Permira

Europe, England, United Kingdom, London

Description

Permira is a distinguished global investment firm with a strong presence in private equity and credit, headquartered in London, United Kingdom. Established in 1985, the firm has grown to advise funds with a substantial total committed capital of approximately €80 billion as of December 31, 2023. Permira's core strategy revolves around identifying and investing in market-leading companies across four key sectors: Technology, Consumer, Services, and Healthcare. The firm is known for its deep sector expertise and a hands-on approach to value creation, aiming to transform businesses through strategic initiatives and operational improvements.

In its private equity endeavors, Permira primarily focuses on large-cap buyouts, targeting companies with significant growth potential and a strong competitive position. The firm seeks to partner with management teams to accelerate growth, expand internationally, and enhance operational efficiency. Permira's investment philosophy emphasizes a long-term horizon, allowing portfolio companies to execute comprehensive transformation plans. This approach has led to a track record of successful exits and value generation across various economic cycles.

Permira's typical equity investment, often representing a significant controlling or substantial minority stake in a company, generally ranges from approximately $270 million to over $2.16 billion. These figures are derived from their focus on multi-billion dollar enterprise value transactions, reflecting their position as a major player in the global private equity landscape. Notable past investments include the acquisition of cybersecurity firm Mimecast for $5.8 billion and the co-acquisition of software company Zendesk for $10.2 billion, showcasing their capacity for large-scale, complex deals. The firm's substantial capital base enables it to pursue ambitious investments that drive significant strategic and financial outcomes for its portfolio companies.

Investor Profile

Permira has backed more than 52 startups, with 2 new investments in the last 12 months alone. The firm has led 33 rounds, about 63% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series Unknown, Series G rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Germany.
  • Strong thematic focus on E-Commerce, Software, Analytics.
  • Led 2 rounds in the past year.
  • Typical check size: $270M – $2160M.

Stage Focus

  • Private Equity (38%)
  • Series Unknown (10%)
  • Series G (10%)
  • Series D (8%)
  • Series B (6%)
  • Series E (6%)
  • Secondary Market (6%)
  • Series F (4%)
  • Series C (4%)
  • Post Ipo Equity (4%)

Country Focus

  • United States (52%)
  • United Kingdom (12%)
  • Germany (6%)
  • France (6%)
  • Switzerland (4%)
  • Sweden (4%)
  • Spain (4%)
  • Brazil (2%)
  • The Netherlands (2%)
  • China (2%)

Industry Focus

  • E-commerce
  • Software
  • Analytics
  • Information Technology
  • Fintech
  • Saas
  • Marketplace
  • Financial Services
  • Enterprise Software
  • Travel
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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 Permira frequently co-invest with?

Baillie Gifford
Europe, Edinburgh, City of, United Kingdom, Edinburgh
Co-Investments: 2
Manhattan West
North America, California, United States, Los Angeles
Co-Investments: 2
Hellman & Friedman
North America, California, United States, San Francisco
Co-Investments: 2
Dragoneer Investment Group
North America, California, United States, San Francisco
Co-Investments: 2
Insight Partners
North America, New York, United States, New York
Co-Investments: 2
Silver Lake
North America, California, United States, Menlo Park
Co-Investments: 4
BlackRock
North America, New York, United States, New York
Co-Investments: 2
Accel
North America, California, United States, Palo Alto
Co-Investments: 3
TCV
North America, California, United States, Menlo Park
Co-Investments: 3
HV Capital
Europe, Bayern, Germany, Munich
Co-Investments: 2

Which angels does Permira often collaborate with?

IP
Europe, Southern Finland, Finland, Helsinki
Shared Deals: 1
Daniel Schryer
Asia, Bali, Indonesia
Shared Deals: 1
MG
Europe, England, United Kingdom, London
Shared Deals: 1
TL
North America, New York, United States, New York
Shared Deals: 1
ZT
North America, New York, United States, New York
Shared Deals: 2
JB
North America, Arizona, United States, Phoenix
Shared Deals: 1
AH
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Permira?

K-Way

London, England, United Kingdom

K-Way Inc. designs waterproof, weather-resistant clothing and iconic raincoats.

ApparelConsumer GoodsFashion
Secondary MarketOct 25, 2024
Amount Raised: $218,172,235
Engine

Denver, Colorado, United States

The modern travel platform for booking and managing business trips

Business TravelHospitalityHotelTravel
Series CSep 17, 2024
Amount Raised: $140,000,000
PharmaCord

Louisville, Kentucky, United States

PharmaCord is a healthcare company that provides innovative solutions that drive efficient and rapid access to life saving therapies.

Health CareMedicalPharmaceutical
Private EquityJun 6, 2024
AltamarCAM Partners

Madrid, Madrid, Spain

AltamarCAM Partners is an asset management firm that offers private equity, real estate, and venture capital access to various investors.

Asset ManagementFinancial ServicesReal Estate InvestmentVenture Capital
Private EquityJul 28, 2023
BioCatch

Tel Aviv, Tel Aviv, Israel

BioCatch unlocks the power of behavior and deliver actionable insights to create a digital world where identity, trust, and ease co-exist.

AnalyticsCyber SecurityFinTechFraud DetectionNetwork Security
Secondary MarketMay 3, 2023
Amount Raised: $40,000,000
Kedrion Biopharma

Fort Lee, New Jersey, United States

Kedrion Biopharma is a manufacturer of blood and plasma derived products.

Health Care
Private EquitySep 1, 2022
FullStory

Atlanta, Georgia, United States

FullStory develops a digital experience intelligence platform designed to capture customer experience data.

AnalyticsBusiness IntelligenceCRMSaaS
Series UnknownAug 10, 2022
Amount Raised: $25,000,000
Housecall Pro

Denver, Colorado, United States

Housecall Pro is a developer of a mobile software platform used to connect back-end business operations and homeowners.

AppsHome ImprovementHome RenovationInformation TechnologyMobileSaaSSoftware
Series DJun 23, 2022
Amount Raised: $64,999,998
Sonar

Geneva, Geneve, Switzerland

Sonar provides open-source and commercial code analyzers to help developers manage code quality.

Cyber SecurityDeveloper ToolsOpen SourceSoftware
Series BApr 26, 2022
Amount Raised: $412,000,000
Salsify

Boston, Massachusetts, United States

Salsify helps brands by providing tools to track and analyze inventories, presentation, and sales of goods on digital shelves.

AnalyticsCloud ComputingE-CommerceManagement Information SystemsSoftware
Series FApr 13, 2022
Amount Raised: $200,000,000