The Europe
50
Services Edition: Ranking the most active private investors in the European Services sector
In this report, we rank the most active private market investors in the European Services sector. We take a novel approach to our ranking, which is based on the size of the underlying portfolio rather than the funds raised. In addition, we also share the latest trends and insights in the European Services sector.
The Services sector has one of the highest PE penetration rates in Europe with ~34% of identified assets being majority-owned by PE funds (vs. 28% of all sectors). Given the high degree of fragmentation in the Services market, it is one of the most suitable sectors to execute a buy-and-build strategy and take advantage of multiple arbitrage.
In our research, we found that 56% of platform assets in the Services sector pursue add-on acquisitions. These acquisitions help companies enter new geographical markets and diversify their offerings.
Download the full report
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Highlighted insight
The Europe 50: Services Edition
#
Investor
01
CVC
02
EQT
03
Triton
04
KKR
05
Waterland
06
Permira
07
Bpifrance
08
Groupe HLD
09
Apax Partners
10
OMERS
HQ
European portfolio
Managed EV, €
Entries/Exits since '18
Median EBITDA, €
Fundraising since '18, €
GB
10 companies
14.3bn
8/1
170.7m
69.3bn
SE
14 companies
13.1bn
10/9
170.3m
112.5bn
GB
18 companies
6.5bn
11/2
50.3m
8.4bn
US
9 companies
5.8bn
7/3
90.6m
107.0bn
NL
30 companies
4.0bn
29/6
14.2m
6.5bn
GB
8 companies
3.6bn
8/0
53.9m
33.1bn
FR
98 companies
3.5bn
92/19
13.1m
6.2bn
LU
7 companies
3.4bn
5/0
60.0m
-
GB
5 companies
3.4bn
4/3
60.2m
13.1bn
CA
8 companies
3.4bn
4/2
77.2m
-
See all Top 50 Services leaders
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Methodology
We rank investors based on the total managed enterprise value (EV) in the European Services sector. We calculate the managed EV by multiplying the number of European Services portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro.
The median portfolio EBITDA calculation only includes companies with a positive EBITDA. While calculating managed EV, we also adjusted investor stakes for majority and minority investments.
We excluded investors who executed less than 3 investments in Europe between Jan ‘18 - Oct ‘23 or have less than 5 investments with positive EBITDA in their European portfolios. Given these filters, we believe that these rankings are focused more on traditional buyout investments vs. growth investments.
Fundraising data, investor entries and exits are from Jan ‘18 - Oct ‘23. Specifically, fundraising data includes investors’ global strategies and is not restricted to Europe only.
Download the full report
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Join the digital revolution in private market intelligence
Resources
The Europe
The Europe
50
50
Services Edition: Ranking the most active private investors in the European Services sector
Services Edition: Ranking the most active private investors in the European Services sector
In this report, we rank the most active private market investors in the European Services sector. We take a novel approach to our ranking, which is based on the size of the underlying portfolio rather than the funds raised. In addition, we also share the latest trends and insights in the European Services sector.
The Services sector has one of the highest PE penetration rates in Europe with ~34% of identified assets being majority-owned by PE funds (vs. 28% of all sectors). Given the high degree of fragmentation in the Services market, it is one of the most suitable sectors to execute a buy-and-build strategy and take advantage of multiple arbitrage.
In our research, we found that 56% of platform assets in the Services sector pursue add-on acquisitions. These acquisitions help companies enter new geographical markets and diversify their offerings.
In this report, we rank the most active private market investors in the European Services sector. We take a novel approach to our ranking, which is based on the size of the underlying portfolio rather than the funds raised. In addition, we also share the latest trends and insights in the European Services sector.
The Services sector has one of the highest PE penetration rates in Europe with ~34% of identified assets being majority-owned by PE funds (vs. 28% of all sectors). Given the high degree of fragmentation in the Services market, it is one of the most suitable sectors to execute a buy-and-build strategy and take advantage of multiple arbitrage.
In our research, we found that 56% of platform assets in the Services sector pursue add-on acquisitions. These acquisitions help companies enter new geographical markets and diversify their offerings.
Download the full report
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Download the full report
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Highlighted insight
The Europe 50: Services Edition
#
Investor
01
CVC
02
Blackstone
03
Triton
04
Carlyle
05
PAI Partners
06
KKR
07
ICG
08
Equistone
09
One Equity Partners
10
KPS Capital Partners
HQ
European portfolio
Managed EV, €
Entries/Exits since '18
Median EBITDA, €
Fundraising since '18, €
GB
8 companies
4,8bn
9/5
113.6m
69.3bn
US
7 companies
4,7bn
6/1
76.8m
112.5bn
GB
17 companies
4,6bn
9/7
108.7m
107.0bn
US
15 companies
3,4bn
12/5
320.4m
-
FR
6 companies
3,0bn
7/1
253.1m
21.5bn
US
6 companies
2,5bn
5/4
99.9m
33.1bn
GB
35 companies
2.0bn
3/5
117.2m
197.2bn
GB
20 companies
1,9bn
12/7
132.4m
38.2bn
US
9 companies
1,4bn
8/2
95.2m
22.9bn
US
5 companies
1,4bn
6/1
432.0m
38.5bn
See all Top 50 Services leaders
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
See all Top 50 Services leaders
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Methodology
We rank investors based on the total managed enterprise value (EV) in the European Services sector. We calculate the managed EV by multiplying the number of European Services portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro.
The median portfolio EBITDA calculation only includes companies with a positive EBITDA. While calculating managed EV, we also adjusted investor stakes for majority and minority investments.
We excluded investors who executed less than 3 investments in Europe between Jan ‘18 - Oct ‘23 or have less than 5 investments with positive EBITDA in their European portfolios. Given these filters, we believe that these rankings are focused more on traditional buyout investments vs. growth investments.
Fundraising data, investor entries and exits are from Jan ‘18 - Oct ‘23. Specifically, fundraising data includes investors’ global strategies and is not restricted to Europe only.
We rank investors based on the total managed enterprise value (EV) in the European Services sector. We calculate the managed EV by multiplying the number of European Services portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro.
The median portfolio EBITDA calculation only includes companies with a positive EBITDA. While calculating managed EV, we also adjusted investor stakes for majority and minority investments.
We excluded investors who executed less than 3 investments in Europe between Jan ‘18 - Oct ‘23 or have less than 5 investments with positive EBITDA in their European portfolios. Given these filters, we believe that these rankings are focused more on traditional buyout investments vs. growth investments.
Fundraising data, investor entries and exits are from Jan ‘18 - Oct ‘23. Specifically, fundraising data includes investors’ global strategies and is not restricted to Europe only.
Download the full report
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Join the digital revolution in private market intelligence
Resources
The Europe
The Europe
50
50
Services Edition: Ranking the most active private investors in the European Services sector
Services Edition: Ranking the most active private investors in the European Services sector
In this report, we rank the most active private market investors in the European Services sector. We take a novel approach to our ranking, which is based on the size of the underlying portfolio rather than the funds raised. In addition, we also share the latest trends and insights in the European Services sector.
The Services sector has one of the highest PE penetration rates in Europe with ~34% of identified assets being majority-owned by PE funds (vs. 28% of all sectors). Given the high degree of fragmentation in the Services market, it is one of the most suitable sectors to execute a buy-and-build strategy and take advantage of multiple arbitrage.
In our research, we found that 56% of platform assets in the Services sector pursue add-on acquisitions. These acquisitions help companies enter new geographical markets and diversify their offerings.
In this report, we rank the most active private market investors in the European Services sector. We take a novel approach to our ranking, which is based on the size of the underlying portfolio rather than the funds raised. In addition, we also share the latest trends and insights in the European Services sector.
The Services sector has one of the highest PE penetration rates in Europe with ~34% of identified assets being majority-owned by PE funds (vs. 28% of all sectors). Given the high degree of fragmentation in the Services market, it is one of the most suitable sectors to execute a buy-and-build strategy and take advantage of multiple arbitrage.
In our research, we found that 56% of platform assets in the Services sector pursue add-on acquisitions. These acquisitions help companies enter new geographical markets and diversify their offerings.
Download the full report
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Download the full report
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Highlighted insight
The Europe 50: Services Edition
#
Investor
01
CVC
02
Blackstone
03
Triton
04
Carlyle
05
PAI Partners
06
KKR
07
ICG
08
Equistone
09
One Equity Partners
10
KPS Capital Partners
HQ
European portfolio
Managed EV, €
Entries/Exits since '18
Median EBITDA, €
Fundraising since '18, €
GB
8 companies
4.8bn
9/5
106.1
69.3bn
US
7 companies
4.7bn
6/1
117.2m
197.2bn
GB
17 companies
4.6bn
9/7
53.9m
8.4bn
US
15 companies
3.4bn
12/5
35.0m
80.2
FR
6 companies
3.0bn
7/1
74.5m
8.7bn
US
6 companies
2.5bn
5/4
99.3m
107.0bn
GB
5 companies
2.0bn
3/5
55.0m
31.3bn
GB
20 companies
1.9bn
12/7
17.3m
2.8bn
US
9 companies
1.4bn
8/2
34.0m
5.2bn
US
5 companies
1.4b n
6/1
45.0m
8.1bn
See all Top 50 Services leaders
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
See all Top 50 Services leaders
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Methodology
We rank investors based on the total managed enterprise value (EV) in the European Services sector. We calculate the managed EV by multiplying the number of European Services portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro.
The median portfolio EBITDA calculation only includes companies with a positive EBITDA. While calculating managed EV, we also adjusted investor stakes for majority and minority investments.
We excluded investors who executed less than 3 investments in Europe between Jan ‘18 - Oct ‘23 or have less than 5 investments with positive EBITDA in their European portfolios. Given these filters, we believe that these rankings are focused more on traditional buyout investments vs. growth investments.
Fundraising data, investor entries and exits are from Jan ‘18 - Oct ‘23. Specifically, fundraising data includes investors’ global strategies and is not restricted to Europe only.
We rank investors based on the total managed enterprise value (EV) in the European Services sector. We calculate the managed EV by multiplying the number of European Services portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro.
The median portfolio EBITDA calculation only includes companies with a positive EBITDA. While calculating managed EV, we also adjusted investor stakes for majority and minority investments.
We excluded investors who executed less than 3 investments in Europe between Jan ‘18 - Oct ‘23 or have less than 5 investments with positive EBITDA in their European portfolios. Given these filters, we believe that these rankings are focused more on traditional buyout investments vs. growth investments.
Fundraising data, investor entries and exits are from Jan ‘18 - Oct ‘23. Specifically, fundraising data includes investors’ global strategies and is not restricted to Europe only.
Download the full report
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Download the full report
Analyze the business performance of Private Equity (PE) backed and Independently held assets based on data from over 15,400 companies in Europe
Join the digital revolution in private market intelligence
Resources