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Advent Pushes Ahead With Pure Play Private Equity Model

Reported by Adventinternational
Dec 12, 2024· 2 min read
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Key Takeaways
  • • Advent International co-Managing Partners John Maldonado and James Brocklebank told Bloomberg that the firm is staying focused on a pure play private equity model, rather than diversifying into other asset management businesses.
  • • The conversation with Bloomberg's Swetha Gopinath covered M&A strategy, AI implementation, business growth, and Advent's dealmaking outlook for 2025.
  • • Brocklebank argued that complex market conditions can create opportunities for private equity investors.
  • • Maldonado discussed Advent's 2025 outlook on CNBC, contrasting the firm with peers pushing further into wealth management and insurance.
Summary
Advent International is reaffirming its commitment to a pure play private equity model, according to a conversation between Managing Partners John Maldonado and James Brocklebank and Bloomberg's Swetha Gopinath. The discussion, published by Bloomberg, covered the firm's M&A strategy, its use of artificial intelligence, business growth, and its dealmaking outlook for 2025.

Brocklebank, who is also Advent's Co-Chair, explained that complex markets can create opportunities for private equity investors. The framing positions market dislocation as a source of deal flow rather than a constraint on the firm's activity.

The firm's stance stands out against a broader trend in which other private markets managers have pushed further into wealth management, insurance and related businesses. In a separate CNBC appearance on its 2025 outlook, Maldonado described Advent as a pureplay private equity firm, underscoring the distinction.

Advent, founded in 1984 and headquartered in Massachusetts, is an independent firm that invests across business and financial services, consumer, healthcare and other sectors, with a focus on buyouts of companies in Europe, North America and Latin America. Industry reports have also indicated that the firm has been weighing a push into sports, media and entertainment, reflecting continued private equity appetite for those areas.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Adventinternational Advent Pushes Ahead With Pure Play Private Equity Model