CVC

CVC recently hosted the 2025 AI Digital Spotlight in New York, bringing together 50 leaders from 20 North American portfolio companies to focus on practical AI implementation across the portfolio. The Spotlight was a great opportunity to connect, share ideas and continue advancing AI adoption across the portfolio. We look forward to the next Spotlight.

We are delighted to congratulate colleagues across the CVC network on their promotions. Thank you to everyone for your hard work and for the role you play in driving the continued growth of the CVC group.

Therme Horizon, CVC’s joint venture with THERME GROUP, has acquired three thermal wellbeing destinations in Germany from the Josef Wund Foundation.   The integration is an important milestone for Therme Group and its founder, Dr. Robert Hanea, reflecting a long-standing partnership with the late Josef Wund, the Wund family and the Foundation.    Istvan Szoke, Managing Partner at CVC: “Bringing the Wund destinations together under the Therme Horizon umbrella marks an important milestone - not only for the continued development of this exceptional complementary portfolio, but also for preserving a unique entrepreneurial legacy. We are proud to support Therme Group in carrying forward Josef Wund’s vision. As a long-term partner, CVC will help Therme Horizon unlock its full potential and set new standards in sustainable and innovative wellbeing infrastructure.”

Andrew Davies, Managing Partner and Head of CVC Credit, joined the FT Live’s Future of Asset Management Europe to discuss the future of private markets and evolving access models in Europe. Thank you to the Financial Times for an insightful conversation.

CVC’s Legal team recently hosted their inaugural Legal Spotlight event for portfolio companies.   The event was an opportunity to discuss effective in-house legal teams, provide an overview on governance and a focused session on crisis and risk management.     It was fantastic to connect in person and share ideas.  We look forward to seeing everyone again at the next Spotlight.

In a keynote interview with Infrastructure Investor, CVC DIF Partner and Co-Head of Infrastructure funds Tom Goossens outlines how disciplined capital structures, strong operational platforms and flexible business models help create durable value for our investors. Read the article below: https://lnkd.in/enWHMkMm

Congratulations to Rob Lucas, our CEO, who has been named in Private Equity News' 'Fifty Most Influential in Private Equity 2025’.   This year’s award recognises Rob for leading CVC through a transformative period for the firm. Under his leadership, CVC successfully listed on Euronext Amsterdam in April 2024, integrated its secondaries and infrastructure strategies, and launched CVC Catalyst, a mid-market private equity strategy dedicated to high-growth European businesses. Rob has been featured in the awards since their inception in 2018. https://lnkd.in/eNiCn5Sj

CVC is pleased to announce that it has entered into an agreement to acquire Smiths Detection, a global leader in threat-detection and security-screening technologies for airports and critical infrastructure, from Smiths Group plc.   Leveraging CVC’s extensive experience in executing corporate carve-outs and history of scaling newly independent companies, Smiths Detection is well placed to build on its strong market positions and unlock substantial long-term value.   Dominic Murphy, a Managing Partner and Co-Head of the UK private equity team at CVC and Conor Keogh, Managing Director at CVC, said: “Smiths Detection’s industry-leading threat detection and security screening technologies play a crucial role in helping protect people and critical infrastructure worldwide. We look forward to supporting the business during the next phase of its growth and development through continued investment in technology innovation, high-quality engineering and best-in-class aftermarket service.”   James Mahoney, Partner and Head of CVC’s private equity activities in the Aviation, Defence & Space sectors added: “We are excited to partner with Jérôme de Chassey and his team. Smiths Detection’s strong market positions, anchored by its global leadership in aviation, create a compelling platform for long-term value creation.” https://lnkd.in/ekVsRc6J

CVC is pleased to announce that portfolio company Domestic & General, one of the largest appliance care providers across the UK and Europe, has reached a definitive agreement to be acquired by Asurion, a global leader in technology care, support and protection. Domestic & General has a legacy of over 110 years in appliance care, with a growing repair network of more than 25,000 independent engineers. It is trusted by millions of households and partners with leading manufacturers and retailers such as Whirlpool, Sky, Hoover-Candy, and John Lewis. Pev Hooper, Managing Partner at CVC: “Under CVC’s and ADIA's ownership, Domestic & General has transformed from a UK-focused warranty provider into a global, subscription-based and digitally-enabled appliance care leader. It surpassed £1 billion ($1.32 billion) in annual revenue, expanding into 12 markets whilst establishing a major business in the US. We are proud of how Domestic & General has grown and wish Asurion and Matthew and his team every success in building on this strong platform.” Matthew Crummack, Chief Executive Officer of Domestic & General: “Asurion and Domestic & General are united by a shared commitment to customer and partner excellence, sustainability, and innovation in their respective sectors. At Domestic & General we have built over a century of trust in our services, and we are the cornerstone of appliance care in millions of homes. Joining Asurion is a natural fit given our complementary business models, bringing fresh and exciting growth opportunities for the people and the business, while creating stronger outcomes for our customers. I’d like to personally thank CVC and ADIA for their consistent support and trust throughout this last investment cycle.” The transaction is expected to close in mid-2026 subject to regulatory approvals. https://lnkd.in/ez6qFNJM

Few strategies reflect the evolution of private markets as completely as secondaries. Built on a foundation that seeks flexibility, faster capital returns, access to seasoned assets and consistent performance, secondaries have become a structural cornerstone of capital deployment in modern portfolio management. For insight into how secondaries continue to shape the future of private markets, read our latest thought piece at the link below. https://lnkd.in/ezfcbrzm