Advent International

Advent International is a global private equity firm founded in 1984, headquartered in Boston, Massachusetts. With over $94 billion in assets under management, the firm has invested in more than 420 companies across 43 countries. Advent specializes in buyouts and growth equity investments, focusing on sectors such as business and financial services, healthcare, industrial, retail, consumer and leisure, and technology. The firm operates 15 offices in 12 countries, employing over 600 investment professionals. Advent's investment strategy emphasizes partnering with management teams to drive revenue and earnings growth through operational improvements and strategic initiatives. The firm has a track record of successful investments, including the acquisition of Cobham Plc in 2019 and Maxar Technologies in 2021. In 2024, Advent announced a $6.3 billion all-cash deal to acquire Canadian payment technology firm Nuvei, backed by Ryan Reynolds. This acquisition is expected to close by late 2024 or early 2025, further expanding Advent's presence in the fintech sector.