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Sports, Media & Entertainment

Dream Games

Europe/Americas Strategic Opportunities

Founded in 2019, Dream Games is a leading developer and publisher of globally renowned mobile games, delivering high-quality, innovative and engaging mobile gaming experiences to customers across the world. 

Dream Games is best known for its mobile game Royal Match. In November 2024, Dream Games launched its second mobile game, Royal Kingdom, the next chapter of the Royal mobile games universe. 

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Technology

EcoVadis

Catalyst

EcoVadis SAS is the world leader in business sustainability ratings for global supply chains.

More than 90,000 companies – representing over 200 different industries – rely on EcoVadis' supplier ratings and engagement platform to evaluate and improve environmental and social performance across their global supply chains. EcoVadis' evidence-based assessment methodology, delivered via a sophisticated SaaS platform and backed by a dedicated team of CSR analysts, is the most trusted and adopted approach in the industry.

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Healthcare

Elsan

Strategic Opportunities

Elsan is a leading private healthcare provider in France and has effectively reshaped the French private hospital industry.

Through its 135+ best-in-class facilities, the business operates the most extensive hospital network in France serving two million patients annually and thanks to investment in its infrastructure and operations, Elsan also leads the field in innovation on both a medical and an a operational basis.

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Technology

Epicor

Europe/Americas

Founded in 1972 and based in Texas, Epicor is a global provider of industry-specific enterprise software to promote business growth and profitability.

Epicor is an acknowledged leader in the industrial end markets it operates in, including manufacturing, distribution, retail and services where it provides software such as enterprise resource planning (ERP), retail management systems (RMS) and supply chain management (SCM).  The company serves approximately 23,000 customers in over 150 countries.

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Technology

Etraveli Group

Europe/Americas

Founded in 2000 and headquartered in Stockholm, Etraveli Group is a global online travel agency service platform, providing search, booking and fulfilment services for flights and related products.

The company offers fast and precise ways to arrange travel plans through its own consumer brands and strong partnerships with global flight brands. Over 30 million travellers use Etraveli Group each year to travel to more than 75 different countries on six continents.

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Healthcare

ExamWorks

Europe/Americas

Founded in 2008, ExamWorks is a leading global, diversified platform that provides independent medical examinations and related services, including peer review, case management, and document management, among other services.

The company's clients include property and casualty insurance carriers, law firms, third-party claim administrators and government agencies that use independent services to confirm the veracity of claims by sick or injured individuals and to facilitate the delivery and quality of cost–effective care for workers' compensation, automotive, personal injury liability and disability insurance coverage.

ExamWorks helps clients to manage costs and enhance their risk management and compliance processes by verifying the validity, nature, cause and extent of claims, identifying fraud and providing fast, efficient and quality services.

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Utilities

Exolum

Strategic Opportunities

Exolum, formerly known as CLH, operates the only integrated pipeline network for refined oil products and related storage in Spain.

The company is headquartered in Madrid, Spain. Exolum's main sources of revenues are the following:

  • Transportation: managing an integrated network of pipelines, storage units and truck stations across Spain to connect the country’s eight refineries to its consumption areas
  • Storage: providing 53% of Spain’s national storage capacity across 40 facilities
  • Aviation: offering distribution logistics services to airports and into-plane fuelling services
  • International activities: owns the UK’s largest oil pipeline and has a presence in Ireland and Oman.
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Business Services

Fujian Jinuo

Asia

Fujian Jinuo is China’s largest Roadside Assistance provider.

Established in 2011, Fujian Jinuo Vehicle Service Co. Ltd. (Fujian Jinuo) is the leading player in China’s rapidly growing roadside assistance market. Fujian Jinuo has an integrated online platform, connecting demand for assistance with local service providers in real-time across the 31 provinces and regions of the Chinese Mainland.

The company also operates a large self-owned fleet of more than 1,700 rescue vehicles and serves a number of leading global insurance companies and automotive brands on long-term contracts.

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Healthcare

FutureLife

Europe/Americas

Headquartered in Prague, Czech Republic, FutureLife is a leading Pan-European provider of IVF and related genetics services.

The company has a presence across several European markets including Czech Republic, UK, Ireland, Netherlands, and Romania. FutureLife has 42 well-invested clinics and performs in excess of 39,000 IVF cycles annually, IVF add-on and laboratory services, as well as a series of biological and surgical treatments.

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Gaming

Gaming Laboratories International

Strategic Opportunities

Headquartered in Lakewood, New Jersey, Gaming Laboratories International (“GLI”) is the global leader in testing, certification and cybersecurity services to the global gaming industry.

GLI provides suppliers, operators, and regulators with expert guidance for navigating the future of gaming and ensuring gaming innovations meet regulatory standards with confidence. Since 1989, GLI has certified nearly 2 million items and has tested equipment for more than 710 jurisdictions. GLI has a global network of laboratory locations across six continents, with U.S. and international accreditations for compliance with ISO/IEC standards for technical competence in the gaming, wagering, and lottery industries.

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Consumer/Retail

Gaming1

Europe/Americas

Gaming1 is a leader in the Belgian gaming market and is present in nine countries around the world, including Portugal, France and the United States with their joint venture Gamewise founded with the American giant Delaware North.

Only active in regulated markets, Gaming1 is exclusively positioned in legal, responsible and ethical gaming. The company strives to offer the best player experience, in a responsible way focused on regulated markets.

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Sports, Media & Entertainment

Global Sport Group

Europe/Americas

Global Sport Group (GSG) is a CVC backed global sports investment platform bringing together CVC’s sports investments in international leagues and organisations covering Football, Rugby, Tennis and Volleyball. 

This reflects CVC’s long-term strategy to scale and professionalise commercial operations in sport whilst making them more accessible to fans worldwide. Specifically, GSG includes interests in Spain’s LaLiga, France’s LFP Media, Six Nations Rugby, Premiership Rugby, United Rugby Championship, Volleyball World and WTA Ventures. 

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Consumer/Retail

Good Choice

Asia

Good Choice is a leading provider of online accommodation booking services in Korea.

Good Choice operates an online booking platform for a variety of accommodation types, connecting end-users with local lodging operators. The company has pioneered the development of online booking in the budget accommodation segment with its user-friendly mobile platform and proprietary sales network across the nation.

Good Choice operates an attractive and scalable business model, thanks to the ability to attract increasing demand to its own platform and its direct relationships with nationwide lodging operators.

 
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Utilities

Gridspertise

Europe/Americas

Gridspertise is an energy transition enabler, providing essential hardware, software and services to electricity infrastructure operators.

The company’s products help customers transform traditional electricity distribution grids into smart grids and respond to the steep growth in power consumption demands.

Thanks to its high-quality products and innovative technology, Gridspertise is well-positioned in a large and global market of around €30 billions, with market leader positions in Italy, Brazil, Latin America and Spain and with strong global ambitions.

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Healthcare

Grupo GSH

Europe/Americas

Headquartered in Rio de Janeiro, Grupo GSH is a pioneer in Brazil’s hemotherapy and nuclear medicine space.

The hemotherapy division serves 31,000 beds in +270 hospitals through long-term contracts providing blood collection, storage and transfusion services. The nuclear medicine division develops and services radiopharmaceutical products and solutions focused on diagnostics and therapeutics for hospitals, diagnostics and cancer centres in Brazil.

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Sports, Media & Entertainment

Gujarat Titans

Asia

Founded in 2022 as the newest cricket franchise in the Indian Premier League.

The Tata Indian Premier League is the most attended and watched cricket league in the world, with viewership of 400m+ each year and fan base of one billion people. Gujarat Titans, based in Ahmedabad, is the newest franchise of the league, led by Shubman Gill and coached by Ashish Nehra. The Titans won their inaugural 2022 season of Tata IPL, becoming only the second team in the history to do so.

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Financial Services

Hargreaves Lansdown

Europe/Americas

Founded in 1981 and headquartered in Bristol, UK, Hargreaves Lansdown is one of the UK's leading direct-to-consumer wealth management platforms.

The business has over £155 billion of assets under administration, providing 1.9 million retail clients with a broad range of simple, accessible investment products through its digital platform, aiming to make it easy for people to save and invest.

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Healthcare

Hellenic Healthcare Group

Europe/Americas

Hellenic Healthcare Group is the largest private hospital operator in Greece and Cyprus.

The group has seven hospitals: Metropolitan Hospital, Metropolitan General, Hygeia Hospital, Mitera, Leto, Creta Interclinic and Apollonion.

HHG offers all major procedures and treats 1.1 million outpatients annually. The group provides 1,500 beds, 97 operating rooms and collaborates with more than 6,450 physicians.

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The selected companies are presented solely to illustrate the types of investments that may be made by CVC for one or more strategies, and are not representative of all transactions of any given strategy. References to a particular investment should not be considered a recommendation by CVC. The investments presented were made under market, economic and supply-demand conditions which may not be replicated, and future investments may have characteristics that differ from the case studies presented here. Consequently, there can be no assurance that CVC funds will be able to invest in similar opportunities in the future. It should not be assumed that the case studies presented here or that any investments made in the future were or will be profitable.