Hempel
Founded in 1915 and headquartered in Denmark, Hempel is a world-leading supplier of coating solutions.
A leading global player in the development and manufacturing of coating solutions for the marine, energy and infrastructure, and decorative segments, Hempel has operations in over 100 countries and employs more than 7,300 people worldwide. CVC Funds invested in Hempel, alongside The Hempel Foundation, in 2024.
Hermes
Based in Lima, Peru, Hermes is a leading provider of cash management services with a nationwide network of 18 branches and a fleet of modern light and armoured vehicles.
The company offers valuable logistics, cash processing and custody services to a blue chip client base comprised of more than 1,000 active clients in the financial, retail, utilities and mining segments. Hermes is a mission critical partner to the largest financial institutions and retail organisations in Peru.
International Schools Partnership
Founded in 2013, International Schools Partnership is one of the leading K12 education platforms worldwide.
International Schools Partnership operates over 100 schools across 25 countries with c.100,000 students.
Jagex
Jagex is one of the largest and most successful British video game studios, developing and publishing video games on PC and mobile.
Based in Cambridge, UK, Jagex is a video games developer and service provider, primarily known for its key RuneScape titles - one of the world's most successful video games. RuneScape has a 20+ year history of leadership in the development of live service gaming, an unparalleled and vibrant community of 2.4 million active subscribers and one million free-to-play users, with over 300 million lifetime RuneScape accounts.
Jagex is well-positioned to continue in its mission of creating new and innovative player experiences, as well as looking to reach new communities.
La Piadineria
La Piadineria is a market leader in the growing Italian quick-service restaurant space, selling freshly made, high-quality “Piadinas” flatbreads.
With more than 400 locations in city centres, malls, retail parks and travel hubs across Italy, La Piadineria has a team of over 2,500 people serving 70,000 customers every day. The Company produces freshly made, high-quality “Piadinas” flatbreads made with Italian ingredients, whilst maintaining a strong value-for-money proposition to customers. It is now the number two restaurant chain in Italy.
LaLiga
LaLiga is a private sports association composed of 42 clubs and public limited sports companies, and responsible for organising professional football competitions at a national level in Spain.
From its headquarters in Madrid, LaLiga is present in 41 countries through its 13 offices and 44 delegates. In the 2019/2020 season, LaLiga football games reached more than 2.8 billion people globally.
Landers Superstore
Landers Superstore is one of the fastest growing large-format retailers in the Philippines.
The company has rapidly grown to a network of five branches with more than 45,000 sqm of retail space in Metro Manila and Metro Cebu. From offering the best deals at its Chevron branded fuel stations to attractive sales discounts for its members in store, the Landers formula of offering access to thousands of global products at reasonable prices is a winning one for Landers' growing membership.
Ligue de Football Professionnel
Founded in 1944, The Ligue de Football Professionnel is a French governing body that runs the major professional football leagues in France.
The league is responsible for overseeing, organising, and managing the top two leagues in France, Ligue 1 and Ligue 2, and is also responsible for the 44 professional football clubs that contest football in France.
Lipton Teas & Infusions
Lipton Teas & Infusions is the world's leading tea business, with a portfolio of 34 brands including Lipton, PG tips, Pukka, T2 and TAZO®
With over 15,000 employees in four continents, the company brings teas and infusions to more than 600 million people each day, in homes, cafes and restaurants, and places of work.
M Group
Headquartered in the UK, M Group supports and partners with major essential infrastructure providers in water, energy, telecom and transport by providing recurring repair and maintenance services.
Since the formation of the group in 2016, M Group has acquired 16 other businesses and now employs over 10,500 people, operating from over 240 locations nationwide.
Macromill Group
Headquartered in Japan, Macromill Group is the leading player in the growing Japanese online marketing research and insights sector.
Macromill’s survey and response analysis services provide innovative data and insights that help its clients to make more informed decisions. Since 2000, Macromill has built an active database of 2.6m consumer panel participants which enables the company to deliver end-to-end survey solutions that provide a faster, more cost-effective and precise service than conventional methods.
Majesco
Headquartered in New Jersey, Majesco is a global leader in software solutions for property & casualty and life, annuity & health insurance markets.
In 2025, Majesco acquired Vitech, a provider of cloud-based financial administration solutions and a CVC portfolio company, to create a new pro forma entity. The combined business provides technology and expertise that helps insurers modernise, innovate and build the future of their business at speed and scale. The business works with over 200 insurance companies worldwide to optimise the management of policies, billing, claims and general administration as well as consultancy services.
Mandom Corporation
Mandom Corporation is a Japan-based consumer goods company specializing in cosmetics and personal care products. Founded in 1927, the company initially focused on fragrances before successfully expanding into hair care and grooming products such as "Mandom" and adopting its current name, Mandom Corporation, in 1971.
Mandom is best known for its strong position in the men’s grooming market, particularly through flagship brands such as GATSBY and LUCIDO, as well as women’s brands including LUCIDO-L, Bifesta, and PIXY. Its product portfolio covers hair styling, skin care, fragrances, deodorants, and cosmetics, serving both male and female consumers.
Geographically, the company has expanded beyond Japan to focus on Asian markets since the 1960s, with a significant presence in countries such as Indonesia, Malaysia, and other Southeast Asian nations, supported by local manufacturing and distribution networks.
MAP Indonesia
Established in 1995, MAPI is a leading Indonesian lifestyle retail group with substantial retail operations across Indonesia and Southeast Asia.
The group has built partnerships with international brands and has a diversified portfolio that includes sports, fashion, department stores, kids, food & beverage and lifestyle products.
Mediaocean
Mediaocean is a leader in global advertising technology, helping the world's top agencies and marketers manage $200 billion in annualised media spend.
The company's omnichannel platform serves as an industry system of record with trusted, independent solutions for media management, intelligence, and finance, enabling its customers to achieve business outcomes more efficiently and effectively.
Medivet
Medivet is a leading provider of veterinary care, delivering a full spectrum of small animal health services including routine check-ups, 24/7 emergency care, lab and diagnostics and advanced surgery to companion pets across the country.
The company has a clinical excellence led ethos and unique partnership model delivering a gold-standard of clinical care to patients, whenever and wherever they need it. From its UK foundations, the company has recently expanded with operations in Germany and Spain in partnership with local founders.
MedRisk
Founded in 1994 and headquartered in King of Prussia, Pennsylvania, MedRisk is a leading provider of managed physical medicine services for the workers' compensation industry in the U.S.
The company delivers clinically superior patient outcomes via the coordination and active management of physical medicine services for workers' compensation patients. Today, Medrisk manages physical therapy, occupational therapy, and chiropractic treatments for more than 500,000 injured workers annually through a nationwide network across 49 states and Washington, D.C.
Mehiläinen
Founded in 1909, Mehiläinen has a long and proud history of providing high quality and customer-centric healthcare and social care services to the Finnish population.
Today, the company provides a full range of healthcare and social care services through a comprehensive network of over 670 out-patient units and employing more than 29,000 professionals.
Healthcare services ranges from outpatient clinics, occupational healthcare, specialist care and dental care, whereas social care services include elderly care, and disabled, mental rehabilitation, and child welfare.
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.