There were only a handful of U.S. buyouts completed by the largest European buyout funds in 2010 and so far in 2011, but we thought it might be interesting to see who was active and who had money to invest.
peHUB takes a look at the most active European buyout funds investing in the United States in the last year, in order of largest fund size, based on data from Thomson Reuters. Interestingly, two Nordic investors feature in this top 10, both with a keen eye for international acquisitions for their Nordic portfolio companies. Nordic Capital currently ranks number two in this top ten and is currently investing its 4.3 billion euro ($5.9 billion) Nordic Capital VII fund. Fellow Nordic investor Altor Equity Partners features for its June 2011 investment in Orchid Orthopedic Solutions, a supplier of design, manufacturing, and supply chain services to orthopedic implant OEMs globally. It is currently investing from its 2 billion euro ($2.76 billion) Altor Fund III.
At the top of the list, however, is global buyout house Apax Partners, which boasts four completed deals in the United States in 2010/11 investing from two of its mega European buyout funds—the 4.31 billion euro ($5.96 billion) Apax Europe VI LP and the 11.2 billion euro ($15.5 billion) Apax Europe VII LP.