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
Last updated
Latest news about Advent International
In short: Advent International co-led a $4 billion venture with OpenAI and committed $1 billion to defense tech while managing major industrial and tech exits.
Company announcements
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Advent International co-leads partnership for OpenAI Deployment Company
The new company will help businesses deploy AI systems, with $4 billion initial investment and acquisition of Tomoro.
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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.
Media coverage
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OpenAI launches $4bn Deployment Company with TPG, Advent, Bain, and Brookfield
OpenAI has set up a new venture called OpenAI Deployment Company, with more than $4bn in initial funding from a syndicate of 19 firms led...
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Advent International to sell entire CCC Intelligent Solutions stake
CHICAGO - Advent International is selling its entire stake in CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) through a secondary offering priced at $7.79 per share...
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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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