The firms most common investment types include buyout lbo, mbo, mbi 49% and growth capital 19%. Bostonbusiness wireaudax private equity, in partnership with management, has completed the sale of magnitude software, inc. As everyone says, 3i is a good firm to have on your cv. Jan 04, 2020 strong position in european private equity. Private equity and infrastructure, specializing in core investment. At least three private equity firms have emerged as bidders for 3i group plc backed environmental testing business esg, according to people familiar with the matter. Headquartered in austin, tx, magnitude is a leading provider of enterprise information management software that delivers insights on business performance in heterogeneous application and fragmented data environments. This further update provides a brief summary of the current status of 3i s balance sheet position and our private equity portfolio ahead of the valuation of the portfolio as at 31 march 2020. Future growth will be driven by increasing optimisation of businesstobusiness value chains and external factors such as regulatory and legislative requirements we invest in businesses with a service offering that is value adding, backed by intellectual property and sufficiently. Headquartered in austin, tx, magnitude is a leading provider of. May 15, 2019 3i group plc engages in investment management, focused on midmarket private equity, infrastructure and debt management. Audax private equity completes the sale of magnitude software to 3i.
Omers private equity buys civica from 3i group pe hub. Future growth will be driven by increasing optimisation of businesstobusiness value. Audax private equity audax, in partnership with management, has completed the sale of magnitude software, inc. Update on covid19 and action capital markets seminar 3i group plc 3i or the group will be holding a capital markets seminar this morning, involving a presentation from the management team of action. Headquartered in austin, tx, magnitude is a leading provider of enterprise information management software. The company was formed in 1945, as the industrial and commercial finance corporation icfc, by the bank of england and the major. Investor type private equity firm investment stage early stage venture, late. Private equity and infrastructure, specializing in core investment markets in northern europe and north america. Apr 25, 2020 3i group plc operates as a private equity and venture capital company. For over 65 years weve invested in supporting people who start, grow, change and buy businesses. The investment will allow the software companys current private equity backer, audax group, to exit its stake. The companys investments are located across multiple continents. Audax private equity completes the sale of magnitude software. Audax private equity, in partnership with management, has completed the sale of magnitude software, inc.
Based in brooklyn park, minnesota, cirtec is a provider of medical device design, engineering and. About 3i group plc 3i group plc is an international investor focused on private equity, infrastructure, and debt management. Its core investment markets are northern europe and north america. Results for the year to 31 march 2020 presentation. Its subsidiaries include 3i investments plc, 3i bifm investments ltd, 3i. The companys investments are located across multiple continents through local investment. Mar 19, 2019 the investment will allow the software companys current privateequity backer, audax group, to exit its stake. Sep 14, 2010 3i infotech framework, the leading uk provider of software solutions to the global private equity industry today announces the release of the latest version of its software, framework 2010. Andrew olinick partner, cohead of north american private. Notes to editors 3i is a leading international investment manager focused on midmarket private equity. The firm also provides infrastructure financing and debt management. For further information regarding the announcement of 3i s annual results to 31 march 2020, including a live webcast of the results presentation at 10. The investment will allow the software companys current private equity.
Mar 19, 2019 private equity news staff laura cooper talks about 3i investment in magnitude software. Magnitude software leading provider of unified application data management solutions. The investment will allow the software companys current privateequity backer, audax group, to exit its stake. Feb 10, 2017 at least three private equity firms have emerged as bidders for 3i group plc backed environmental testing business esg, according to people familiar with the matter.
Average sales growth was approximately 7% per year during the pe holding period. Magnitude, of austin, provides unified application. It also offers software solutions to unify fragmented data and provide actionable insight. The fund invests in toll roads, bridges, tunnels, ports and airports, utilities such as oil and gas. In the last 3 years, 3i private equity has acquired 1 company. The magnitude team has built a global business and a portfolio of awardwinning software. Private equity news staff laura cooper talks about 3i investment in magnitude software. The software companies in our sample experienced healthy, albeit not aggressive, growth. May 07, 2020 3i group plc is a closedended investment fund. Update on covid19 and action capital markets seminar. Company information 3i group plc iii hargreaves lansdown. Presentation materials will be made available on 3i s websit. May 08, 20 omers private equity, the private equity investment arm of the ontario municipal employees retirement system, has completed its purchase of civica group plc from british buyout firm 3i group for. Audax private equity completes the sale of magnitude.
Mar 19, 2019 about 3i group 3i is a leading international investment manager focused on midmarket private equity and infrastructure. To provide its shareholders with quoted access to private equity and infrastructure returns, its main focus is on making quoted and unquoted. Investegate 3i group plc announcements 3i group plc. Our core investment markets are northern europe and north america. Hear from our graduates about starting a career at 3i. Currently, its main focus is on making quoted and unquoted equity. Notes to editors 3i is a leading international investment manager focused on midmarket private equity and infrastructure. Sales of software companies by founders to third parties had a mean irr of 30%. Privateequity firms battle for 3ibacked testing business. It is an international investor engaged in private equity, infrastructure, and debt management. Category for portfolio companies of the private equity investment firm. Private equity we are playing a key role in the internationalisation of actions business by leveraging our network, experience and resources. About 3i infrastructure plc 3i infrastructure plc is a closedend fund incorporated in jersey. About 3i group 3i is a leading international investment manager focused on midmarket private equity and infrastructure.
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