Latest Advent International News & Updates
See the latest news and media coverage for Advent International. We track all announcements, press releases, and industry mentions in real time, all in one place.
Global private equity firm
adventinternational.com- Headquarters
- Boston, United States
- Company type
- Private company
- Number of employees
- 500–1,400
Latest news about Advent International
Company announcements
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Advent International announces Umang Vohra joins Cohance Lifesciences
He becomes Executive Chairman and Group CEO. Umang has a strong track record in Indian pharma, scaling global businesses. He leads Cohance's next chapter as a technology-driven CDMO.
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Advent International announces TKE-KONE combination
TKE grew revenue to €9.2bn, boosted margins to 15%, and completed 100+ transformations since 2020 carve-out.
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Advent leads consortium combining KONE and TKE
The transaction values TKE at EUR 29.4 billion, creating a global leader in elevators with EUR 20.5 billion sales and EUR 700 million synergies. Completion expected in 2027.
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Advent International announces $1 billion commitment to defence technology
Invests in Shield AI for autonomy and Saronic for maritime capabilities. Aims to bridge innovation and operational deployment in software-driven defence.
Media coverage
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Advent, Cinven selling TKE to Kone for $34.4 bn in Europe’s largest sell-side PE deal
Finnish lift maker Kone has agreed to buy German rival TK Elevator (TKE) in a deal worth 29.4 billion euros ($34.4 billion) ...
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Cohance Lifesciences appoints Umang Vohra as chairman, CEO; Sharma exits
Pharma veteran Umang Vohra to lead Advent-backed Cohance Lifesciences as chairman and CEO, succeeding Vivek Sharma amid efforts to revive growth and address regulatory challenges...
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Exclusive-Advent-Owned Firm Investigated in Brazil for Alleged Links to Organized Crime
RIO DE JANEIRO/BRASILIA, April 23 (Reuters) - Caldic, a global chemicals distributor majority-owned by U.S. private equity firm Advent International, is under investigation in Brazil...
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OpenAI Pledges $1.5 Billion to PE Enterprise AI Project | PYMNTS.com
OpenAI has reportedly committed up to $1.5 billion for its private equity (PE) venture. Complete the...
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