Charterhouse Capital Partners
Charterhouse Capital Partners is a London-based private equity investment firm focusing on leveraged buyout of established, substantial businesses, based in Western Europe.
Type | Limited liability partnership |
---|---|
Industry | Private equity |
Founded | 1934 |
Headquarters | Paternoster Square London, EC4 United Kingdom |
Products | Private equity funds, Leveraged buyouts |
Website | www.charterhouse.co.uk |
History
Founded in 1934,[1] Charterhouse Capital Partners is the oldest buyout firm in Britain.[2] The firm's predecessors, then a division of Charterhouse Bank, began raising third party equity in 1976.[1] In June 2001, the firm's management completed a management buyout from its then parent HSBC to become an independent investment firm.[3]
In 2014, the firm acquired SkillSoft, an Irish company that provides cloud-based technology services to governments, businesses, and schools, for $2.3 billion.[4] In 2014, Becky Pritchard wrote in The Wall Street Journal that Charterhouse is a "legendary low-profile firm".[5] In 2015, The Wall Street Journal called Charterhouse Capital Partners "the elder statesman of British private equity, 80 years old and among London's most prestigious and private firms".[6]
References
- Jowett, Paul (2011). Private Equity: The German Experience. Palgrave Macmillan. p. 427. ISBN 978-1-349-35942-4.
- Porter, Kiel; Willmer, Sabrina (2013-11-12). "Charterhouse Heirs Struggle to Maintain Bonnyman Legacy". Archived from the original on 2016-01-18. Retrieved 2016-01-18.
- "Charterhouse sticks to its winning formula". Financial News. 12 January 2009. Retrieved 13 April 2017.
- "K-12 Dealmaking: Education Mergers, Acquisitions Rising in 2014, Report Shows". Retrieved 13 April 2017.
- Pritchard, Becky (2014-02-03). "Legal Battle Throws The Spotlight on Charterhouse". The Wall Street Journal. Archived from the original on 2016-01-02. Retrieved 2016-01-02.
- Clark, Simon; Pritchard, Becky (2015-01-05). "Infighting Roils Veteran British Buyout Firm Charterhouse Capital: Behind the Genteel Facade of the London-Based Private-Equity Firm Lurk Internal Frictions". The Wall Street Journal. Archived from the original on 2016-01-02. Retrieved 2016-01-02.