Europe is the second largest buyout market globally, offering – relative to other geographies – consistently attractive and stable returns, even through economic downturns.
Although Europe is a mature market, it continues to present a wealth of investment opportunities, defined by unique local dynamics and significant fragmentation – with the EU alone consisting of 27 countries. Europe should not be seen as one homogenous market, but rather a group of inter-linked, heterogeneous and complex markets.
As such, success in Europe requires deep regional knowledge and an integrated, on-the-ground presence. CVC-PE is underpinned by Europe’s leading buyout strategy, with 16 offices across the continent, and more than 40-years of experience – having consistently delivered strong returns since inception.
CVC believes the underlying fundamentals of European economies provides a strong foundation for successful, long-term private equity investing. The region is defined by democratically-elected governments, established rule of law, entrenched governance structures, clearly-defined property rights, well-developed capital markets, and functioning infrastructure.
Europe’s hallmark fragmentation – in terms of geography, regulation, language, politics, and culture – creates an opportunity for those managers with a long-term local presence, and a complete understanding of the distinct business environments that exists in each of the geographies, to outperform.
Europe is defined by its diverse set of countries, each with its own nuances, where a blanket, one-approach-fits-all strategy is unfeasible. CVC has nurtured its deep roots in local markets since its founding in 1981 and has a proven strategy in generating value from the region’s idiosyncrasies.