Overview

Carlyle Europe Partners (CEP) invests in companies with enterprise values typically in excess of €200m and operations based in Europe, and where relationships with management teams, corporate partners or family-owned businesses are based on seeking a financial partner to create value and grow the business. These investments may include leveraged buyouts and other types of private equity transactions, including strategic joint ventures with corporate partners.

Carlyle Europe Partners

Launched in 1998 at €1 billion, this fund conducts leveraged buyout transactions in Europe in targeted industries.

Investment Industry Acquired Status
Andritz AG

During the period of Carlyle's ownership, Andritz AG was an established manufacturer of machinery and equipment for the pulp and paper industry, the steel industry and water treatment industries.

Industrial Exited
Aprovia

During the period of Carlyle's ownership, Aprovia was a business publisher in the French language market, as well as in the French tradeshow industry.

Telecom & Media Exited
Beru AG

During the period of Carlyle's ownership, Beru AG was the world-market leader in cold-start products for diesel-powered engines.

Transportation Exited
Bredbandsbolaget AB

During the period of Carlyle's ownership, Bredbandsbolaget AB was a broadband communications company. The company was sold to Telenor AB in July 2005.

Telecom & Media Exited
Casema BV

During the period of Carlyle's ownership, Casema was one of the Netherlands' leading cable operators.

Telecom & Media Exited
Digiplex Management SARL

During the period of Carlyle’s ownership, Digiplex Management Sarl was formed to be a pan-European communications infrastructure company that provided collocation facilities and services on a carrier-neutral basis.

Infrastructure Exited
Edscha AG

During the period of Carlyle's ownership, Edscha was a manufacturer of door hinges, convertible roof systems and driver controls for the automotive industry.

Transportation Exited
Firth Rixson Limited

During the period of Carlyle's ownership, Firth Rixson Limited was the leading integrated provider of highly engineered rings, forgings and specialty metal products to the aerospace sector and a range of industrial markets.

Aerospace, Defense & Government Services Exited
Groupe Genoyer

During the period of Carlyle's ownership, Groupe Genoyer was a manufacturer of steel flanges and fittings for the process industries, particularly for the oil, gas and chemical industries.

Industrial Exited
Honsel International Technologies Holdings SARL

During the period of Carlyle's ownership, Honsel International Technologies was the European market leader for automotive light metal parts.

Transportation Exited
Le Figaro

During Carlyle's period of ownership, Le Figaro publishes the leading French national daily newspaper as well as the leading women’s magazine and the second most circulated news magazine.

Telecom & Media Exited
Materis

During the period of Carlyle's ownership, Materis was a specialty building materials conglomerate.

Industrial Exited
Medimedia

During the period of Carlyle's ownership, Medimedia was the fourth-largest global provider of healthcare educational materials and services.

Telecom & Media Exited
Messer Eutectic Castolin Group

During the period of Carlyle's ownership, MEC Group had a global presence in the market for high-value-added maintenance and repair related welding consumable products and was the leading manufacturer of metal cutting machines and equipment.

Industrial Exited
Otor

During the period of Carlyle's ownership, Otor SA was the second largest producer of corrugated board and the industry leader for production of recycled containerboard in France.

Industrial Exited
Riello SpA

During the period of Carlyle's ownership, Riello SpA manufactured and marketed heating products, was the global leader in residential burner production and one of the world’s largest producers of wall-hung boilers.

Industrial Exited
Carlyle Europe Partners II

Launched in 2003, this fund of €1.8 billion conducts leveraged buyout transactions in Europe in targeted industries.

Investment Industry Acquired Status
Altice S.A.

Altice S.A., through its subsidiaries, operates as a cable and telecommunications company. It operates through Cable, Mobile, and Other segments.

Telecom & Media Current
Applus Services, S.A.

Applus Services, S.A. is a leading global certification company specializing in testing, inspection, certification and technological services.

Technology & Business Services Exited
Avio SpA

During the period of Carlyle's ownership, Avio SpA was a leader in the design, development and production of subsystems and components for military and civil aeroengines, aeroengine derivatives for power generation and marine applications, and propulsion systems for space launch vehicles and tactical missile applications.

Aerospace, Defense & Government Services Exited
AZ Electronic Materials S.A.

AZ Electronic Materials is a leading global supplier of electronic materials to the semiconductor and flat panel display industries.

Industrial Exited
Britax Childcare Holdings Limited

During the period of Carlyle's ownership, Britax Childcare Holdings Limited was a global manufacturer of premium branded children's car safety seats and a recognized technological, safety and quality leader.

Consumer & Retail Exited
Com Hem

Com Hem, the largest cable television operator in Sweden, provides analog and digital television, broadband Internet and telephony services to landlords and residential customers.

Telecom & Media Exited
H.C. Starck GmbH

H.C. Starck GmbH is a world leading provider of specialty metals, advanced ceramics and electronic chemicals.

Industrial Current
Hertz Corporation

Hertz is the largest worldwide airport general use car rental brand operating from more than 8,500 locations in approximately 145 countries worldwide.

Transportation Exited
HT Troplast

During the period of Carlyle's ownership, HT Troplast was a diversified plastics manufacturer, supplying the construction, automotive and insulation industries.

Industrial Exited
IMO Car Wash Group

During the period of Carlyle's ownership, IMO Car Wash Group was the world's largest car wash company, washing over 30 million cars each year across 14 countries.

Consumer & Retail Exited
Nielsen Company, The

The Nielsen Company (formerly VNU Group, B.V.) is a leading global information and media company providing essential marketing information analytics and industry expertise to customers around the world.

Telecom & Media Exited
NXP Semiconductor N.V.

NXP Semiconductor N.V. is a global leader in the design of embedded semiconductors for wireless, networking, automotive, consumer and industrial markets.

Technology & Business Services Exited
Saprogal, S.A.

During the period of Carlyle's ownership, Saprogal, S.A. was a leading manufacturer and supplier of animal nutrition products in Spain and Portugal.

Industrial Exited
Stahl Holdings BV

During the period of Carlyle's ownership, Stahl Holdings BV was a leading surface effects specialist, providing a broad range of formulated products and services in both leather chemicals and non-leather high performance coatings.

Industrial Exited
Terreal

During the period of Carlyle's ownership, Terreal was a leading player in the South European clay roof tile and brick markets. It addressed two markets, the clay roof tile market and the structural and facing brick market.

Industrial Exited
Zodiac Pool Solutions SAS

Zodiac Marine & Pool is renowned worldwide for its unique expertise in the marine and pool businesses, serving the consumer and professional markets.

Consumer & Retail Current
Carlyle Europe Partners III

Launched in 2006 at €5.4 billion, this fund conducts leveraged buyout transactions in Europe in targeted industries.

Investment Industry Acquired Status
Addison Lee Group

Market leading private hire vehicle provider

Transportation Current
Altice S.A.

Altice S.A., through its subsidiaries, operates as a cable and telecommunications company. It operates through Cable, Mobile, and Other segments.

Telecom & Media Current
Applus Services, S.A.

Applus Services, S.A. is a leading global certification company specializing in testing, inspection, certification and technological services.

Technology & Business Services Exited
Axalta Coating Systems

Axalta Coating Systems develops, manufactures and sells coatings and application tools to automobile repair body shops and original equipment manufacturers in the automotive and heavy-duty truck markets.

Industrial Exited
B&B Hotels

B&B Hotels is a budget hotel chain operating hotels in France, Germany and Italy.

Consumer & Retail Exited
CommScope, Inc.

CommScope, Inc. is a global leader in infrastructure solutions for communications networks.

Technology & Business Services Current
Marelli Motori Group

Marelli Motori is recognized as a leading supplier to the Power Generation, Industrial, Petrochemical and Marine market sectors, offering a complete range of Generators and Electric Motors in low and high voltage.

Industrial Current
Moncler S.p.A.

Moncler S.p.A. is the manufacturer of high-end sportswear products under the brands Moncler, Henry Cotton, Marina Yachting and Coast, Weber & Ahaus (CWA) and licensee of the second-line brand Cerruti.

Consumer & Retail Exited
Multi Packaging Solutions, Inc.

MPS is a leading supplier of value-added paper-based packaging products and services to the pharmaceutical and healthcare, personal care, premium spirits, confectionery and other consumer markets.

Industrial Current
mydentist

mydentist and Associated Dental Practices are two leading providers of dental care in the U.K, primarily focused on NHS dentistry, with close to 450 practices treating more than 3.5 million patients per year.

Healthcare Current
NBTY, Inc.

NBTY, Inc. is a global manufacturer, marketer and distributor of a broad line of high-quality, value-priced nutritional supplements.

Consumer & Retail Current
Neochimiki S.A.

During the period of Carlyle's ownership, Neochimiki S.A. Industrial and Commercial Company was focused both on the distribution of chemical raw materials and the production and distribution of fertilizers and raw materials for the coatings industry.

Industrial Exited
RAC Ltd

RAC Ltd. is the second largest UK roadside assistance provider with over 7 million members. The Company provides motor-related services to both consumers and corporate clients. RAC’s vehicle and breakdown services are offered through a nationwide, branded patrol force, focusing primarily on vehicle repair and recovery. The Company also provides motor insurance brokering services, legal and motor claims services.

Consumer & Retail Exited
Sagemcom

A global high-technology group specializing in broadband communications and energy activities.

Technology & Business Services Current
Sermeta

Sermeta is a global manufacturer of stainless steel heat exchangers for condensing boilers in commercial and residential premises across Europe and North America.

Industrial Exited
Talaris

Talaris is a leading global provider of cash handling technology solutions. Talaris is primarily focused on the niche teller automation market, in which it is the global market leader.

Technology & Business Services Exited
Telecable de Asturias S.A.U.

A Spanish-based TV, telephony, broadband and advanced business solutions provider for the Asturias region in Spain.

Telecom & Media Exited
Twin-Set

Light Force SpA, owner of Italian womenswear brand Twin Set Simona Barbieri, is one of the fastest growing Italian companies in the womenswear “accessible luxury” sector.

Consumer & Retail Current
Zodiac Pool Solutions SAS

Zodiac Marine & Pool is renowned worldwide for its unique expertise in the marine and pool businesses, serving the consumer and professional markets.

Consumer & Retail Current
Carlyle Europe Partners IV

Launched in 2014 at €3.752bn, this fund conducts leveraged buyout transactions in Europe in targeted industries.

Investment Industry Acquired Status
Comdata

Comdata S.p.A. provides contact center, help desk, back office, and document management outsourcing services.

Technology & Business Services Current
Homair Group SAS

Homair Group SAS is a pan-European high end outdoor accommodation and holiday group.

Consumer & Retail Current
Hunkemöller

Hunkemoller B.V. operates a chain of retail lingerie shops.

Consumer & Retail Current
Innovation Group, The

Innovation Group plc provides business process services, and software solutions to the insurance, fleet, automotive, and property industries.

Technology & Business Services Current
InnoVista

InnoVista engages in the design, manufacture, and sale of sensing, control and motion products.

Industrial Current
PA Consulting

PA Consulting is a UK headquartered international management consulting firm offering a broad range of services but with a particular strength in strategy consulting, implementing change management programmes and providing R&D / innovation solutions

Technology & Business Services Current
Palacios

Palacios is a Spanish-based food company focused on the chilled, frozen food and ready-to-eat meals market. Founded in 1983, the company produces pizzas, U-shape chorizo, frozen desserts, tortillas and other ready-to-eat meals.

Consumer & Retail
Saverglass

Saverglass sas manufactures and decorates high-end and luxury glass bottles.

Consumer & Retail Current
Sematic

Semantic is a global elevator component manufacturer, recognized as technological leader and premium partner for elevator OEMs.

Industrial Exited

Utilizing the conservative and disciplined approach common to all of the firm's funds, Carlyle's European buyout team seeks to create partnerships with corporations and large family-owned businesses. In both instances Carlyle aims to help these organizations reposition and expand their businesses in order to attain a leadership position in European or global markets. It has built a strong, locally recruited investment team spanning a wide range of previous experience within industry, management consultancy, banking, and audit. These investment professionals, who are based in Barcelona, London, Milan, Munich and Paris, understand the local business operating environment and cultural issues clearly.

Investment Strategy

  • Partner with Companies: The team takes a partnership approach to deals with large industrial and services groups that seek to spin-off or accelerate the development of specific subsidiaries.
     
  • Specialize by Industry: Carlyle pursues transactions where we have an edge in terms of sector experience. We focus on making investments in the following industries: automotive components, media and publishing, telecommunications, manufacturing, aerospace, building products, defense and chemicals.
     
  • Provide Global and Local Experience: Carlyle combines strong local presence and understanding of local business issues with a global platform, and in particular with global industry teams for automotive, telecommunications, technology, media, and aerospace.
     
  • Partner with Families: In Europe, Carlyle has developed unparalleled expertise in applying management acumen and strategic experience to solve problems specific to ambitious family-owned businesses seeking to strengthen or grow operations. Frequently this includes resolving divergent views on business strategy, liquidity, succession and capital structure.
     
  • Substantial Financial Support: Carlyle nurtures a well-developed network of banking partners able to mobilize quickly in order to provide complex financing for major investments. The team makes investments in transactions with an overall value of between €300 million and €5 billion.
     
  • Add Value to Portfolio Companies: Carlyle actively supports portfolio companies post-investment to aid development including direct support for follow on investments.
Team Member Title Location Industry
Zeina J. Bain Managing Director London, UK Generalist
Alejandro Balsera Associate Barcelona, Spain
Gregor P. Böhm Managing Director London, UK Generalist
Julian Browne Senior Advisor Aerospace, Defense & Government Services
Andrew R. Burgess Managing Director London, UK Consumer & Retail
Oliver C. Butler Associate Director London, UK Generalist
Massimiliano Caraffa Director Milan, Italy Generalist
Veronique Cochais-Widmer Director Paris, France Telecom & Media
Solange Cohen-Codart Associate Paris, France
Mark Dale Associate London, UK
Marco De Benedetti Managing Director Milan, Italy Consumer & Retail
Pedro de Esteban Managing Director Barcelona, Spain Generalist
Benjamin Deshayes Director Paris, France
Pierre-Olivier Desplanches Director Paris, France Telecom & Media
Friedel Drees Associate Director Munich, Germany Generalist
Rodolfo Guarino Associate Milan, Italy
Karthic Jayaraman Managing Director London, UK Healthcare
Florian D. Kreuzer Director London, UK Generalist
Eric J. Kump Managing Director London, UK Consumer & Retail
Brian Lindley Managing Director London, UK
Francesco Malvezzi Associate Director Milan, Italy Consumer & Retail
David Mazaira Associate Director Barcelona, Spain
Shaun Mercer Director London, UK Generalist
Philipp Meyer Associate Director Munich, Germany Generalist
Mario Pardo Director Barcelona, Spain Generalist
Filippo Penatti Director Milan, Italy Generalist
Simon Pex Senior Associate Munich, Germany
Thomas Rajzbaum Associate Director Paris, France
Carlos Robles Director Barcelona, Spain
Fraser S. Robson Director London, UK Generalist
Michael C. Schuster Director Munich, Germany
Chris Scott Director London, UK
Laurent Senard Associate Director Paris, France
Alex G. Stirling Managing Director London, UK Generalist
Alex Wagenberg Managing Director London, UK Generalist
Willi Westenberger Senior Associate Munich, Germany
William Woolsey Associate London, UK
Jonathan Zafrani Managing Director Paris, France Generalist
Company Industry Acquired Status
RAC Ltd Consumer & Retail
Birmingham, U.K.
Exited
Axalta Coating Systems Industrial
Philadelphia, PA, USA
Exited
B&B Hotels Consumer & Retail
Brest, France
Exited