SOURCE: CVC Capital Partners

January 25, 2007 07:58 ET

CVC Capital Partners Adds U.S. Office to Expand Global Network

Christopher Stadler Joins Firm as Managing Partner

NEW YORK, NY and LONDON -- (MARKET WIRE) -- January 25, 2007 -- CVC Capital Partners ("CVC"), a leading private equity firm in Europe and Asia today announced the formation of its U.S. office located in New York City. Since 1996, CVC has raised and managed funds of approximately US$24 billion and with 17 offices has one of the most extensive global networks in private equity. The New York office enables CVC to pursue companies with global operations while maintaining a local presence in the regions in which the firm invests.

With the expansion into the U.S., CVC is pleased to announce that Christopher Stadler will be joining the firm as Managing Partner and head of the U.S. office. Since 2001, he was Head of Private Equity, North America for Investcorp, after joining as Managing Director in 1996. Prior to joining Investcorp, he was Director of Corporate Finance for Credit Suisse First Boston.

Rolly van Rappard, a co-founder of CVC Capital Partners Group, will work with Mr. Stadler in establishing CVC's U.S. presence.

"Establishing our business in the United States is a logical step as we make the final move in our geographic expansion. This addition to our network gives CVC a significant presence in the three largest economic regions around the world," said Michael Smith, Chairman of CVC Capital Partners Group. "We are delighted to have Chris joining our team. His reputation and experience will enable CVC to build its presence quickly and meaningfully in this important market," continued Mr. Smith.

"I am excited to be joining CVC and to be a part of the firm's entry into the U.S. market," said Christopher Stadler. "CVC's superb track record and extensive experience in Europe and Asia attracted me to the firm. I look forward to working with the existing investment team as well as those who will be joining our New York office."

In 2006, CVC completed nine transactions in Europe and Asia, investing a total of US$2.7 billion. CVC's current funds total in excess of US$15 billion, this ranks CVC among the top five private equity firms worldwide and it continues to be one of a limited number of firms that is capable of bidding on the largest global businesses.

Recent investments by CVC include: Flint Group, based in Europe and the U.S., is the largest privately owned ink manufacturer in the world and ranks amongst the largest ink companies in every region it serves; Formula One Group, based in the UK, is the world's leading motor racing business; Elster Group, headquartered in Essen, Germany, is the world's largest manufacturer of the utility meters used to measure the energy, gas, and water consumption of residential and industrial customers, with a particular focus on Western Europe and North America; PBL Media, based in Australia, brings together the Nine Network, the number one television network in Australia, and ACP, the leading Australian magazine company, with more than 100 titles (Cosmopolitan, Woman's Weekly).

About CVC Capital Partners:

Founded in 1981, CVC Capital Partners is a leading international private equity and investment advisory firm. Funds advised by CVC have acquired over 236 companies to date for total consideration of over US$85.4 billion. Since 1996, CVC has raised and managed funds exceeding US$24 billion and its seventh fund, CVC European Equity Partners Tandem Fund, closed in January 2007 raising US$5.4 billion.

CVC operates a network of 17 offices in Amsterdam, Brussels, Copenhagen, Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris, Stockholm, Zurich, Hong Kong, Seoul, Sydney and Tokyo.

Contact Information

  • For further information, please contact:
    CVC Capital Partners
    Claire Ellis
    Marketing & Communications Manager
    + 44 (0) 20 7420 4200

    Steve Lipin
    Melissa Daly
    Brunswick Group