European private equity firm Silverfleet Capital has promoted three of its investment team. Mark Piasecki, who is based in London, has been promoted to principal. Robert Knight, also based in London, and Cyril Bourdarot who is based in Paris, have become investment executives.
Silverfleet Capital, the European private equity firm, has announced the promotion of three of its investment team.
Mark Piasecki, who is based in London, has been promoted to principal. Robert Knight, also based in London, and Cyril Bourdarot who is based in Paris, have become investment executives.
Neil MacDougall, managing partner of Silverfleet Capital, said: “Mark, Cyril and Robert have all made very significant contributions to our firm and the partners at Silverfleet Capital have recognised their hard work through these promotions.
“Silverfleet Capital has strong and experienced investment teams based in each of our London, Paris and Munich offices which enable us to execute transactions and invest capital in a challenging deal environment.”
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For further information please contact:
Corinna Osborne, Equity Dynamics – 020 3651 2151 or 07825 326 440
Emily Weston, Equity Dynamics – 020 3651 2153 or 07825 326 442
Notes to editors:
Mark started his Silverfleet Capital career in 2007. Prior to this he worked in the Consumer & Retail investment banking team at Citigroup, whom he joined from KPMG Corporate Finance. While at Citigroup Mark worked on Silverfleet Capital’s successful exit of the Barracuda pub group.
Mark graduated from Manchester University with a degree in Economics
Cyril joined Silverfleet Capital in 2011 from Ecocert, a French environmental consultancy business, where he was CEO of the US subsidiary. Prior to joining Ecocert, Cyril worked in banking in London and Paris, latterly working in M&A at Rothschild & Cie.
Cyril graduated from HEC School of Management with a degree in business and management, before completing a Masters degree in International Management at UCLA.
Robert joined the Silverfleet Capital investment team in London as an Analyst in 2011. Prior to this, Robert was an Associate at NM Rothschild within their M&A division with whom he has had considerable experience of UK mid-market buyouts.
Robert graduated from Hertford College, Oxford University with a first class honours degree in Economics and Management.
Silverfleet Capital has been an active European mid-market private equity investor for more than 25 years. Silverfleet Capital works with the management teams of their investee companies to realise “buy to build” strategies. This means working with companies to create value by accelerating their growth through investment for example in new products, production capacity or people, or rolling out successful retail formats or through making follow-on acquisitions also known as Buy & Build. Our portfolio has made approximately 110 follow-on acquisitions since 2000.
Silverfleet Capital has a consistently strong investment track record. Notable exits include TMF, the global independent administrators (6.1x cost), Phadia, the world’s leading allergy diagnostics company (4.8x cost), Histoire d’Or, the European jewellery retailer (3.0x cost), Sterigenics International Inc and European Dental Partners.
Silverfleet Capital invested in Aesica, the pharmaceutical contract manufacturing organisation in October 2011, Office, the UK footwear business in December 2010 and creatrade (1), a leading German catalogue and on-line retailer of fashion, lifestyle and promotional products in October 2010. creatrade, Office and Aesica are the second, third and fourth investments from the current fund following the acquisition of Kalle, a leading global producer of artificial sausage casings, in September 2009. The fund is now approximately 40% invested.
Silverfleet Capital manages approximately €1 billion and has offices in London, Paris, Munich and Chicago. This office network enables Silverfleet Capital to execute complex, multi-jurisdictional investments as well as to support investee companies with both domestic and international buy and build strategies.