Kennet Partners
 |
|
| Limited company | |
| Industry | Private Equity |
| Founded | 1997 |
| Headquarters |
London, England, United Kingdom Foster City, California, United States |
|
Key people
|
Michael Elias, David Carratt, Javier Rojas |
| Products | Private equity funds |
| Total assets | $600 million |
|
Number of employees
|
15 |
| Website | www |
Kennet Partners is a private equity investment firm that provides growth capital to information technology, Internet and business services companies in Europe and the US.
Kennet Partners is headquartered in London, England, and has an office in Foster City, California. The firm raised its third fund in 2008 with €201 million, bringing total capital under management to over $600 million.
Kennet was founded in 1997 as Kennet Capital, a joint venture between technology investment bank Broadview International and asset management firm Electra Partners. In 2000, Kennet became a wholly owned subsidiary of Broadview. Following the downturn in the global technology markets, the partners of Kennet completed a management buy-out and became independent in April 2003.
Kennet's first fund was primarily targeted at early-stage technology investments in Europe. With its second fund, Kennet began making growth equity investments in both Europe and the U.S., and today the firm focuses exclusively on providing growth capital.
From founding in 1997 to June 2008, Kennet has raised three funds:
Institutional investors in the Kennet III fund include Access Capital Partners, Adveq, Alpha Associates, BNP Private Equity, Credit Suisse, European Investment Fund, LGT Capital Partners and Siemens.
Since inception, Kennet has invested in over 35 companies, of which, Kennet's most notable exits include ,Paragon Software,,Cramer Systems, Chipidea and Adviva Media
Other investments include:
A more detailed list of their investments can be found on Crunchbase.
Kennet's investment strategy is similar to that of other growth capital investment firms such as Summit Partners, TA Associates and Insight Venture Partners. In Europe, Kennet competes with firms such as Fidelity Ventures, Atlas Venture, Wellington Partners and the growth equity arm of Index Ventures. Competitors in the U.S. include JMI Equity and Summit Partners' Accelerator Fund.
...
Wikipedia