Financial
PERMIRA

UNITED KINGDOM WEBSITE : PERMIRA.COM
Founded in 1985 in Europe as Schroders Ventures, and later rebranded to Permira in 2001, the firm today has over 500 employees across 15 offices in Europe, the United States, the Middle East, and Asia. The organization boasts over €90 billion in committed capital and supports more than 300 companies. Permira deploys its capital through five complementary strategies: Flagship, dedicated to buyouts in the upper mid-market primarily in Europe and North America, constitutes the historical foundation with over €51 billion invested in buyouts since inception and mobilizes over 158 investment professionals; Ascent replicates the thematic sector approach in the growth mid-market, mainly in Europe and North America, with a focus on control, co-control, and strong governance structures; Energy Transition targets sub-sectors related to the energy transition (low-carbon energy, grid modernization, resource efficiency, circular economy); and Credit offers Private Credit solutions in Europe and a transatlantic Liquid Credit platform. The firm focuses its investments on four core sector pillars — Technology, Consumer, Healthcare, and Services — in which it has developed thematic expertise for over 40 years. Recent transactions notably include CLEARWATER ANALYTICS, CARNE GROUP and JTC. The average EV/EBITDA multiple paid by Permira over the past 10 years stands at 17.3x.

Founded in 1985 in Europe as Schroders Ventures, and later rebranded to Permira in 2001, the firm today has over 500 employees across 15 offices in Europe, the United States, the Middle East, and Asia. The organization boasts over €90 billion in committed capital and supports more than 300 companies. Permira deploys its capital through five complementary strategies: Flagship, dedicated to buyouts in the upper mid-market primarily in Europe and North America, constitutes the historical foundation with over €51 billion invested in buyouts since inception and mobilizes over 158 investment professionals; Ascent replicates the thematic sector approach in the growth mid-market, mainly in Europe and North America, with a focus on control, co-control, and strong governance structures; Energy Transition targets sub-sectors related to the energy transition (low-carbon energy, grid modernization, resource efficiency, circular economy); and Credit offers Private Credit solutions in Europe and a transatlantic Liquid Credit platform. The firm focuses its investments on four core sector pillars — Technology, Consumer, Healthcare, and Services — in which it has developed thematic expertise for over 40 years. Recent transactions notably include CLEARWATER ANALYTICS, CARNE GROUP and JTC. The average EV/EBITDA multiple paid by Permira over the past 10 years stands at 17.3x.
34 Deals with PERMIRA
| Date | Target | Acquirer | Sector | Rev | EBITDA | EV | xRev | xEBITDA |
|---|---|---|---|---|---|---|---|---|
| 06/2026 | CLEARWATER ANALYTICS UNITED STATES | PERMIRA / WARBURG PINCUS | Industry-Specific Software | XX.X | X.X | XXX | X.Xx | X.Xx |
| 01/2026 | CARNE GROUP IRELAND | PERMIRA | Healthcare Services | XX.X | X.X | XXX | X.Xx | X.Xx |
| 11/2025 | JTC UNITED KINGDOM | PERMIRA | Wealth & Asset Management | XX.X | X.X | XXX | X.Xx | X.Xx |
| 10/2024 | SQUARESPACE UNITED STATES | PERMIRA | Software | XX.X | X.X | XXX | X.Xx | X.Xx |
| 10/2024 | K-WAY FRANCE | PERMIRA | Fashion & Apparel | XX.X | X.X | XXX | X.Xx | X.Xx |
| 09/2024 | HOTEL ENGINE UNITED STATES | PERMIRA | Industry-Specific Software | XX.X | X.X | XXX | X.Xx | X.Xx |
| 06/2024 | PHARMACORD UNITED STATES | PERMIRA | Health Tech | XX.X | X.X | XXX | X.Xx | X.Xx |
| 12/2023 | GGW GROUP GERMANY | PERMIRA | Brokerage | XX.X | X.X | XXX | X.Xx | X.Xx |
| 11/2023 | ADEVINTA NORWAY | BLACKSTONE / PERMIRA | E-commerce & Marketplaces | XX.X | X.X | XXX | X.Xx | X.Xx |
| 09/2023 | ERGOMED UNITED KINGDOM | PERMIRA | CRO / Clinical Trials | XX.X | X.X | XXX | X.Xx | X.Xx |
| Average (10 yrs) | 5.3x | 17.3x | ||||||
| Median (10 yrs) | 4.5x | 14.9x | ||||||
