This page shows SVG Capital’s 10 largest investments of the MBO portfolio, by value, as at 30 September 2013. The valuations of these companies have been presented in accordance with IFRS.
Following the decision by the Company to cap its commitment to Permira IV in December 2008, the valuations of all of the Permira IV investments made prior to 2009 include a provision against future distributions. Value attributable to follow-ons into Permira IV companies is not subject to this provision.
Hugo Boss operates in the fashion and luxury goods market. It is the global leader in the formal menswear fashion market with a presence of over 6,100 points of sale across 124 countries. The valuation basis is quoted.Back to top
Arysta LifeScience is one of the world’s largest privately-held agrochemical businesses, specialising in crop protection including herbicides, insecticides and fungicides, as well as a number of products for the healthcare and veterinary medicine markets. Headquartered in Tokyo, the company markets a portfolio of more than 150 products in over 125 countries. The valuation basis is earnings.Back to top
ProSiebenSat.1 Media AG (“P7S1”) is a leading European broadcasting group. The company owns Germany’s largest family of Free TV stations. Its long-term strategy is to invest in new growth markets to become a digital entertainment powerhouse. The valuation basis is quoted.Back to top
The iglo Group is a branded European frozen food company that produces fish, vegetables and poultry, including a number of iconic products such as Fish Fingers, Schlemmer Filets and Sofficini. The Group operates under three brands: Birds Eye (UK and Ireland), iglo (Germany, Austria, Belgium, The Netherlands and other countries) and Findus (Italy). The valuation basis is earnings.Back to top
Freescale is a global leader in embedded processing solutions for the automotive, consumer, industrial and networking markets. The company has a heritage of innovation and product leadership spanning more than 50 years and has an extensive intellectual property portfolio, including approximately 6,100 patent families, and serves more than 18,000 customers with leading products and solutions. The valuation basis is quoted.Back to top
Legico seeks to invest in senior and subordinated LBO debt. Legico’s aim is to acquire high quality debt assets with attractive yields by investing in senior, mezzanine and PIK opportunities in both the primary and secondary markets. Legico is advised by the Permira Debt Managers team. The valuation basis is mark-to-market.Back to top
Acromas is the holding company for The AA and Saga, two of the UK’s most iconic brand names. With 15 million members, The AA is the UK’s market leader in roadside assistance and is also one of the UK’s biggest names in insurance. Saga provides financial services to people aged over 50 in the UK, as well as personal financial products, travel and domiciliary care. The valuation basis is earnings.Back to top
Marazzi Group is a worldwide leader in the design, manufacturing and distribution of ceramic tiles.
The company is a technological leader in the tiles sector and has a strong track record in design and innovation. Marazzi sells into 130 countries, with leadership in most of the markets in which it operates. In April 2013, Permira IV’s holding in Marazzi was sold to Mowhawk Industries, Inc. a leading building products company listed on the New York Stock Exchange. The valuation basis is quoted.
New Look is a leading European high-street apparel retailer with over 1,100 stores across the globe in 22 countries. It has 589 New Look stores in the UK and a growing presence in Europe (87 stores). The franchise business now operates 126 stores in 17 countries across the Middle East, CEE and Asia. The group also operates 336 stores across France and Belgium with trade under the Mim brand, including a growing affiliate business in France. The valuation basis is earnings.Back to top
Just Retirement is a specialist financial services business that provides financial solutions to clients in or approaching retirement. The company provides two products to those at or in retirement: enhanced annuities and equity release mortgages. The valuation basis is earnings.Back to top