Product

Solutions

Customers

Resources

Company

In our first edition of the Europe 250, we analysed and ranked the largest and most active investors in Europe. Our ranking is based on the size of the underlying portfolio and is calculated with a proprietary Gain.pro algorithm.

Compared to some existing global investor rankings based on recent fundraising activity, we have chosen a novel approach in order to capture the geographical element as well as the investor specific (fund-related) technicalities. Given we at Gain.pro track investor portfolios on an asset level with the most complete and high quality information available on the market, we are well-positioned to construct a more accurate ranking. This ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. 
We rank the 250 most active investors across the continent in our first edition of the report. After this, we will go one layer deeper by ranking on a geographical and sectoral level.

Download the full report

Leverage our insights to analyze the biggest investors in Europe

Highlighted insight

The Europe 250

#

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 250: European investors

Leverage our insights to analyze the biggest investors in Europe

Methodology

The ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. Moreover, the managed EV is adjusted when the investor primarily engages in minority investments. 

Investors who have executed less than 3 investments in Europe between January 2018 and July 2023 are excluded from the ranking. The median portfolio EBITDA calculation only includes companies with a positive EBITDA, and the ranking only includes investors with more than 4 EBITDA positive investments in Europe. Therefore, this ranking is focused on traditional buyout investments vs. growth investments. 

Fundraising data, investor entries and exits refer to a timeframe from January 2018 to July 2023. Fundraising data includes investors’ global strategies and is not restricted to Europe only. 

Download the full report

Leverage our insights to analyze the biggest investors in Europe

Author:

Mikołaj Zegar

Associate, Gain.pro

Mikolaj joined Gain.pro in 2020 and currently works as Associate. He currently supports the rollout of the Quantitative Insights Group and writes European market reports. Previously, Mikolaj worked in PwC and Peakside Capital. He holds a bachelor’s degree in Quantitative Methods in Economis and Information Systems from Warsaw School of Economics.

Join the digital revolution in private market intelligence

Find, understand and track companies that matter to you.

Subscribe and stay in the loop

© 2023 Gain.pro, all rights reserved

Product

Solutions

Customers

Resources

Company

Product

Solutions

Customers

Resources

Company

The Europe

The Europe

250

250

Ranking the most active investors on the continent 2023 Edition

Ranking the most active investors on the continent 2023 Edition

In our first edition of the Europe 250, we analysed and ranked the largest and most active investors in Europe. Our ranking is based on the size of the underlying portfolio and is calculated with a proprietary Gain.pro algorithm.

Compared to some existing global investor rankings based on recent fundraising activity, we have chosen a novel approach in order to capture the geographical element as well as the investor specific (fund-related) technicalities. Given we at Gain.pro track investor portfolios on an asset level with the most complete and high quality information available on the market, we are well-positioned to construct a more accurate ranking. This ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. 
We rank the 250 most active investors across the continent in our first edition of the report. After this, we will go one layer deeper by ranking on a geographical and sectoral level.

In our first edition of the Europe 250, we analysed and ranked the largest and most active investors in Europe. Our ranking is based on the size of the underlying portfolio and is calculated with a proprietary Gain.pro algorithm.

Compared to some existing global investor rankings based on recent fundraising activity, we have chosen a novel approach in order to capture the geographical element as well as the investor specific (fund-related) technicalities. Given we at Gain.pro track investor portfolios on an asset level with the most complete and high quality information available on the market, we are well-positioned to construct a more accurate ranking. This ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. 
We rank the 250 most active investors across the continent in our first edition of the report. After this, we will go one layer deeper by ranking on a geographical and sectoral level.

Download the full report

Leverage our insights to analyze the biggest investors in Europe

Download the full report

Leverage our insights to analyze the biggest investors in Europe

Highlighted insight

The Europe 250

#

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 250: European investors

Leverage our insights to analyze the biggest investors in Europe

See all top 250: European investors

Leverage our insights to analyze the biggest investors in Europe

Methodology

The ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. Moreover, the managed EV is adjusted when the investor primarily engages in minority investments. 

Investors who have executed less than 3 investments in Europe between January 2018 and July 2023 are excluded from the ranking. The median portfolio EBITDA calculation only includes companies with a positive EBITDA, and the ranking only includes investors with more than 4 EBITDA positive investments in Europe. Therefore, this ranking is focused on traditional buyout investments vs. growth investments. 

Fundraising data, investor entries and exits refer to a timeframe from January 2018 to July 2023. Fundraising data includes investors’ global strategies and is not restricted to Europe only. 

The ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. Moreover, the managed EV is adjusted when the investor primarily engages in minority investments. 

Investors who have executed less than 3 investments in Europe between January 2018 and July 2023 are excluded from the ranking. The median portfolio EBITDA calculation only includes companies with a positive EBITDA, and the ranking only includes investors with more than 4 EBITDA positive investments in Europe. Therefore, this ranking is focused on traditional buyout investments vs. growth investments. 

Fundraising data, investor entries and exits refer to a timeframe from January 2018 to July 2023. Fundraising data includes investors’ global strategies and is not restricted to Europe only. 

Download the full report

Leverage our insights to analyze the biggest investors in Europe

Join the digital revolution in private market intelligence

Join the digital revolution in private market intelligence

Find, understand and track companies that matter to you.

Subscribe and stay in the loop

© 2023 Gain.pro, all rights reserved

Find, understand and track companies that matter to you.

Subscribe and stay in the loop

© 2023 Gain.pro, all rights reserved

Solutions

Learn

Customers

Product

Company

Solutions

Learn

Customers

Product

Company

The Europe

The Europe

50

50

Ranking the most active investors on the continent 2023 Edition

Ranking the most active investors on the continent 2023 Edition

In our first edition of the Europe 250, we analysed and ranked the largest and most active investors in Europe. Our ranking is based on the size of the underlying portfolio and is calculated with a proprietary Gain.pro algorithm.

Compared to some existing global investor rankings based on recent fundraising activity, we have chosen a novel approach in order to capture the geographical element as well as the investor specific (fund-related) technicalities. Given we at Gain.pro track investor portfolios on an asset level with the most complete and high quality information available on the market, we are well-positioned to construct a more accurate ranking. This ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. 
We rank the 250 most active investors across the continent in our first edition of the report. After this, we will go one layer deeper by ranking on a geographical and sectoral level.

In our first edition of the Europe 250, we analysed and ranked the largest and most active investors in Europe. Our ranking is based on the size of the underlying portfolio and is calculated with a proprietary Gain.pro algorithm.

Compared to some existing global investor rankings based on recent fundraising activity, we have chosen a novel approach in order to capture the geographical element as well as the investor specific (fund-related) technicalities. Given we at Gain.pro track investor portfolios on an asset level with the most complete and high quality information available on the market, we are well-positioned to construct a more accurate ranking. This ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. 
We rank the 250 most active investors across the continent in our first edition of the report. After this, we will go one layer deeper by ranking on a geographical and sectoral level.

Download the full report

Leverage our insights to analyze the biggest investors in Europe

Download the full report

Leverage our insights to analyze the biggest investors in Europe

Highlighted insight

The Europe 250

#

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 250: European investors

Leverage our insights to analyze the biggest investors in Europe

See all top 250: European investors

Leverage our insights to analyze the biggest investors in Europe

Methodology

The ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. Moreover, the managed EV is adjusted when the investor primarily engages in minority investments. 

Investors who have executed less than 3 investments in Europe between January 2018 and July 2023 are excluded from the ranking. The median portfolio EBITDA calculation only includes companies with a positive EBITDA, and the ranking only includes investors with more than 4 EBITDA positive investments in Europe. Therefore, this ranking is focused on traditional buyout investments vs. growth investments. 

Fundraising data, investor entries and exits refer to a timeframe from January 2018 to July 2023. Fundraising data includes investors’ global strategies and is not restricted to Europe only. 

The ranking is determined by the total managed EV of each investor, calculated by multiplying the number of European portfolio companies by the median portfolio EBITDA and a predicted EBITDA multiple derived from a proprietary valuation algorithm developed by Gain.pro. Moreover, the managed EV is adjusted when the investor primarily engages in minority investments. 

Investors who have executed less than 3 investments in Europe between January 2018 and July 2023 are excluded from the ranking. The median portfolio EBITDA calculation only includes companies with a positive EBITDA, and the ranking only includes investors with more than 4 EBITDA positive investments in Europe. Therefore, this ranking is focused on traditional buyout investments vs. growth investments. 

Fundraising data, investor entries and exits refer to a timeframe from January 2018 to July 2023. Fundraising data includes investors’ global strategies and is not restricted to Europe only. 

Download the full report

Leverage our insights to analyze the biggest investors in Europe

Download the full report

Leverage our insights to analyze the biggest investors in Europe

Join the digital revolution in private market intelligence

Join the digital revolution in private market intelligence

Find, understand and track companies that matter to you.

Subscribe and stay in the loop

© 2023 Gain.pro, all rights reserved

Find, understand and track companies that matter to you.

Subscribe and stay in the loop

© 2023 Gain.pro, all rights reserved