Hellman & Friedman chief on having fun and winning deals Controller: CookieYes Limited - read more. BlackRock, Hellman and Singapore sovereign investor GIC have agreed to buy a combined 13% stake in the business. Belron's new shareholders are leading, blue-chip investors. Recognising the positive impact business can have, by supporting local initiatives and global charitable causes. CD&R exits Belron - PE Hub "We appreciate HF's partnership throughout the transaction, and we are . Driven, caring, collaborative and genuine people are at the heart of Belron. Login to Read More Join Now. Zendesk to Be Acquired by Investor Group Led by Hellman & Friedman and Earlier this year, the private-equity firm agreed to sell a portion of what was initially a 40% stake in the Egham, U.K.-based glass repair company, which it acquired in 2018, to funds owned by private-equity investors Hellman & Friedman and BlackRock Private Equity Partners as well as sovereign-wealth investor GIC Private Ltd. Clayton, Dubilier & Rice Fund X Sells Belron Stake in Transaction that Apply now. Belron is pleased to welcome its new shareholders Hellman & Friedman, BlackRock Private Equity Partners and GIC to the company following todays announcement that they have completed the acquisition of a combined stake of 16.8% in Belron, up from the 13% shareholding anticipated in the announcement of 12 July 2021. CD&R remains fully committed to Belron and intends to remain a long-term investor in the company. We are well positioned to benefit from the structural growth in the market coming from increasing windscreen technology and complexity., Citigate Dewe Rogerson Belron Carglass | Suggestion Keywords | Top Sites Latham & Watkins Advises Hellman & Friedman on Investment in Belron Mr . H&F focuses on control and minority investments in a variety of transaction structures and will consider opportunities across the US and Europe. 1 Min Read. Our purpose and values run through everything we do. Private equity: transactions - high-value deals (250m+) in London SECTOR Consumer & Retail STATUS Current We are well respected for our distinctive investment philosophy and focused approach . Copyright 2022 Belron UK Limited. Belron In 2021, H&F made a minority investment in Belron. These cookies ensure basic functionalities and security features of the website, anonymously. Smith&Smith is New Zealands leading vehicle glass repair and replacement company. Who is Hellman & Friedman. The average employee at Hellman & Friedman makes $74,677 per year. Operating in 41 countries across 6 continents through wholly owned and franchise operations, Belron is home to around 27,000 employees who served 14.9 million customers in 2020. 1984/5 Windshields dropped from the name. Further international acquisitions in France, Germany and Belgium. Copyright 2022 Belron UK Limited. Necessary cookies are absolutely essential for the website to function properly. All rights reserved. Value of Belron at the time of the . CD&R will continue to hold 24% of Belron, down from its initial 40%, while D'Ieteren Group remains majority stakeholder with 50.01%. The two-part transaction included the sale of approximately 39% of CD&R Fund X's stake to funds managed by Hellman & Friedman, GIC, and BlackRock Private Equity Partners, valuing Belron at 21 billion. 2014 First Belron triathlon at Dorney Lake takes place involving 1,000 people from 22 countries, 2016 The Belron Training Centre opens in Braamfontein, Johannesburg for Afrika Tikkun to provide young people with key skills for their career development, 2017 Belron welcomes new minority shareholder Clayton, Dubilier & Rice. This site uses cookies to store information on your computer. 2014 Belrons first driver assistance system recalibration is undertaken, in Germany. Registered Office: Milton Park, Stroude Road, Egham, Surrey TW20 9EL. Company Number: 02442568. August 26, 2021. . Hellmann Worldwide Logistics | International Logistics | Spedition Hellman & Friedman Private Equity San Francisco-New York-London This site uses cookies to store information on your computer. Belron Canada. Our purpose and values run through everything we do. The group includes brands such as Carglass, Safelite and Autoglass. Hellman & Friedman is based out of San Francisco. Speedy Glassis Canadas leading vehicle glass repair and replacement company, serving over 300,000 customers each year. The future of Belron We will continue to offer motorists all over the world the same excellence in service and quality, harnessing the power of technology for an industry-leading customer experience and continuing our strong tradition of giving . Kirkland Advises GIC on Investment in Belron 1907 The City Glass Bevelling & Silvering Works company founded. H&F targets distinctive market-leading companies with the potential for growth. Belron - Jamieson Controller: Hellman & Friedman is a preeminent global private equity firm with a distinctive approach focused on investments in high-quality growth businesses. Belron is a global leader in vehicle glass repair, replacement and recalibration. Find out more > Belron.com. Hellman & Friedman has amassed $24.4 billion for one of the largest private-equity funds ever, thanks partly to a hefty check from the firm itself. For all of us at Belron we continue to invest in and grow the business for the long term based on our values., For further inquiries, please contact: Zoeken | Bolero Hellman & Friedman employees are most likely to be members of the democratic party. 1997 Company celebrates its 100th anniversary with Nelson Mandela attending the event in South Africa. 1921 Morrie Lubner joins the Plate Glass Bevelling and Silvering Company. Description. H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation, and collaborative partnership approach enable companies . July 15, 2021 5:04 pm ET. For further details, please refer to the full press release - Hellman & Friedman ('H&F'), funds and accounts managed by BlackRock Private Equity Partners ('BlackRock'), and GIC have signed an agreement to acquire a combined stake of up to 13.0% in Belron, valuing Belron at an Enterprise Value ('EV') of 21bn, resulting in an equity value of 17.2bn. Company Number: 02442568. These cookies ensure basic functionalities and security features of the website, anonymously. CD&R sees Belron value soar to 21bn as BlackRock, Hellman & Friedman Hellman & Friedman is a preeminent global private equity firm founded in 1984 with a distinctive investment approach focused on large-scale equity investments in high quality growth businesses. The company focuses on the financial services, professional services, information services, software, media, health care, energy and industrial sectors. Belron has benefited from its insight and support and will continue to do so. Belron is a provider of glass repair and replacement, trading under more than 10 major brands including Carglass, Safelite AutoGlass, and Autoglass. For more information visit our. Belron is now operating in over 30 countries, covering 6 continents. Funds managed by Hellman & Friedman Capital Partners. 2021 Belron welcomes new shareholders Hellman & Friedman, BlackRock Private Equity Partners and GIC. Pros. Hellman & Friedman ('H&F'), funds and accounts managed by BlackRock Private Equity Partners ('BlackRock'), and GIC have signed an agreement to acquire a combined stake of up to 13.0% in Belron, valuing Belron at an Enterprise Value ('EV') of 21bn, resulting in an equity value of 17.2bn. Recommend. They are acquiring Belron shares from funds managed by Clayton, Dubilier & Rice (CD&R), who will retain a shareholding of approximately 24% in Belron. Belrons new shareholders are leading, blue-chip investors. Duration. Hellman & Friedman is a preeminent global private equity firm with a distinctive investment approach focused on large-scale equity investments in high quality growth businesses. Sep 10, 2022 - Director. We are well . H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation and collaborative partnership approach enable companies to flourish. Analytical cookies are used to understand how visitors interact with the website. Hellman & Friedman LLC - Company Profile and News H&F, BlackRock, GIC's Investment in Belron. Europe. H&F seeks buyouts and business in need of restructurings that operate in defensible markets with predictable revenue . H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation and collaborative partnership approach . Angharad Couch 1983 International expansion continues with the acquisition of two vehicle glass replacement companies in the UK Autoglass and Windshields. 1962 Expansion of the vehicle glass business begins with the acquisition of a national network of vehicle glass shops in South Africa. Founded in 1984, Hellman & Friedman (H&F) is one of the oldest and most experienced private equity investment firms operating today. In its first full year the charity donates over EUR 2 million to 270 charities around the world. On average, employees at Hellman & Friedman stay with the company for 4.1 years. . Our singular focus makes us a stronger partner. With our high-performance products Airfreight, Seafreight, Road & Rail, and Contract Logistics, we always offer the right solution for the complex logistics requirements of our customers. Founded in 1984 and headquartered in San Francisco, California, Hellman & Friedman is a private equity investment firm that participates in buyouts, restructuri ngs, and both majority and minority investments. PDF Hellman & Friedman Capital Partners X Presentation February 2021 Hellman & Friedman is a global private equity firm with a distinctive investment approach focused on high quality growth businesses. Resilience, efficiency and sustainability Belron is a global leader in vehicle glass repair, replacement and recalibration. Haven't found any so far. Undisclosed Blackrock, GIC 2019 Industrial >1bn Carlyle Group , GIC 2017 TMT >1bn GIC. Owner-operated entrepreneurial firm Filled with extremely smart yet low ego individuals Invests for the long-term with focus on sustainable growth Headquartered in SF. Closed and liquidated funds managed by Hellman & Friedman Capital Partners: . Business Outlook. Belron is a global leader in vehicle glass repair, replacement and recalibration. Our key brands include Carglass, Safelite AutoGlass, Autoglass, Lebeau, OBrien, Smith&Smith and Speedy Glass. Hellman & Friedman Private Equity San Francisco-New York-London202094 8:44 . Good, smart people. 2010 Belron becomes signatory to the United Nations Global Compact Ten Principles of Responsible Business and launch Belron Code of Ethics Our Way of Working. Company profile page for Hellman & Friedman LLC including stock price, company news, press releases, executives, board members, and contact information View . Facts, figures and financial update - Belron. Hellman & Friedman Capital Partners X, the PE firm's tenth fund, was "significantly oversubscribed and reached its hard cap", it said. Today, Matrix is among the most prominent venture capital firms in the U.S. Belron welcomes new shareholders - Belron Our purpose and values run through everything we do. Analytical cookies are used to understand how visitors interact with the website. Cobepa SA . The transaction gives Belron an enterprise value of 21 billion. athenahealth, Healthcare Technology Leader, to be Acquired by Hellman Company Number: 02442568. How we do business today, our purpose and our ethics can be traced back to those values established many years ago in South Africa where we began. About Hellman & Friedman Hellman & Friedman is a preeminent global private equity firm with a distinctive investment approach focused on large-scale equity investments in high quality growth businesses. About Belron: The sale price of approximately $1 billion includes the buyer's assumption of certain liabilities and the seller's retention of certain working capital accounts. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. All rights reserved. December 29 2020. CD&R has been a highly constructive shareholder in Belron since 2018. With more than 325 service centres, 2 distribution centres, 26 warehouses and over 1,200 employees across 10 provinces, Belron Canada ensures local service for its customers. Portfolio - Hellman & Friedman For more information visit our. PORT WASHINGTON, N.Y., Oct. 19, 2021 /PRNewswire/ -- The NPD Group (NPD), a global market information provider, announced that Hellman & Friedman (H&F), a premier global . This content is for members only. AUSTIN, Texas (June 10, 2021) Enverus, a global leader in energy data analytics and SaaS technology, today announced the completion of its acquisition by Hellman & Friedman (H&F), a premier global private equity firm. Hellman & Friedman - Wikipedia Company Number: 02442568. Belron Ronnie Lubner Charitable Foundation. 1919 Companies are merged as Plate Glass Bevelling and Silvering Company. Belron: New Shareholders, CD&R Changes Name in Partnership These cookies ensure basic functionalities and security features of the website, anonymously. CD&R plots to raise up to $4bn continuation fund for Belron stake In addition, it manages vehicle glass and other insurance claims on behalf of insurance customers. Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used. In 2018, Clayton Dubilier acquired 40 percent of Belron, but earlier in 2021 agreed to sell a portion of that stake to funds owned by Hellman & Friedman, Blackrock Private Equity Partners and GIC Private Ltd. Belron Ronnie Lubner Charitable Foundation, Resilience, efficiency and sustainability. Hellman & Friedman entered into an exclusive agreement to acquire The. Duro vitres dautosprovides a professional windscreen repair and replacement service from over 50 stores in Qubec, Canada. Legal basis: The processing is necessary to comply with the law and for our legitimate interest to recognise and apply your selection with regard to cookies when you visit our website in the future. 1992 Belron is bought by South African Breweries. Private equity majors Blackrock and Hellman & Friedman have helped vehicle glass repair business Belron to a 21bn valuation through an investment into the company. We are the Canadian leader in vehicle glass repair and replacement, and advanced-driver assistance system (ADAS) front camera recalibration. Hellman & Friedman Investor Relations: Scott Winter / Arthur Crozier Innisfree M&A Incorporated (212) 750-5833 Media: Winnie Lerner / Andrew Johnson Finsbury Glover Hering 917.375.5652 / 914.497. . Hellman & Friedman is a preeminent global private equity firm with a distinctive investment approach focused on a limited number of large-scale equity investments in high quality growth businesses. 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