TDR Capital Private Equity Firm and Portfolio

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TDR Capital is a British private equity firm that has been making waves in the industry since its inception in 2002. They are known for their focus on investing in mid-market businesses, typically with enterprise values between £100 million and £1 billion.

TDR Capital's investment approach is characterized by a long-term perspective, with a typical investment horizon of 5-7 years. They also prioritize partnering with management teams to drive growth and value creation.

The firm has a strong track record of success, with several notable investments in its portfolio. One notable example is its acquisition of Saga Group in 2014, which has since become one of the UK's largest and most successful private equity-backed companies.

About TDR Capital

TDR Capital is a leading European private equity firm with over $15 billion of assets under management.

The firm was founded in 2002 and has a team of around 80 professionals managing assets across four European mid-market buyout funds from its main office in London.

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TDR typically acquires majority stakes in strong, market-leading European companies with the potential for robust growth and resilience throughout economic cycles.

The team takes a long-term approach, holding investments well beyond the industry average, and has made 23 platform investments to date.

Their portfolio companies employ over 280,000 people around the world.

Investments and Funds

TDR Capital is a UK-based private equity firm that has been making waves in the investment world. They have a strong track record of investing in consumer and retail businesses.

Their investment strategy is centered around partnering with management teams to drive growth and improve profitability. TDR Capital has a unique approach to investing, focusing on businesses with strong brands and growth potential.

One of their notable investments is in the food retailer, Iceland Foods. TDR Capital invested in the company in 2005, providing a £350 million capital injection. This investment helped Iceland to expand its operations and improve its profitability.

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TDR Capital's investment in Iceland Foods is a great example of their focus on partnering with management teams to drive growth. Under their guidance, Iceland was able to expand its operations and improve its profitability.

Their investment strategy has paid off, with TDR Capital delivering strong returns to their investors. In fact, their 2019 results showed a 2.5x return on investment for their fund. This is a testament to their expertise and ability to identify and invest in successful businesses.

Company Information

TDR Capital is a private equity firm that focuses on investing in mid-market businesses. They have a strong track record of success with over 20 years of experience.

TDR Capital was founded in 2002 by Tom Duffilló and Guy Sebag, who are both experienced private equity professionals.

Company Size

Tdr capital has 51 - 200 employees, which is a relatively small to medium-sized company.

Their company size is likely to have an impact on their operations and decision-making processes.

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Tdr capital's employee count falls within the 51-200 range, which can be beneficial in terms of agility and adaptability.

This size of company can also allow for more personalized and responsive interactions with clients and partners.

Tdr capital's company size is a key factor to consider when evaluating their capabilities and strengths.

Official Website

Tdr capital's official website is tdrcapital.com. This is the go-to place for information about the company.

You can access Tdr capital's official website at tdrcapital.com.

Contact Information

To get in touch with TDR Capital, you can find the contact information for their team below.

The team is led by experienced professionals, including Mr. Blair Thompson, who serves as Partner and Chief Operating Officer.

Mr. Brian Magnus is another key member, holding the role of Partner.

Ms. Catherine Lester is also a Partner and Chief Financial Officer, bringing her expertise to the table.

Ms. Eleanor Chambers is the Partner and Head of Investor Relations, responsible for building and maintaining relationships with investors.

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Here is a list of the TDR Capital team members mentioned in the contacts section:

  • Mr. Blair Thompson - Partner and Chief Operating Officer
  • Mr. Brian Magnus - Partner
  • Ms. Catherine Lester - Partner and Chief Financial Officer
  • Ms. Eleanor Chambers - Partner and Head of Investor Relations

Their location is London, United Kingdom, where they are based and operate.

Understanding TDR Capital

TDR Capital is a British private equity firm that was founded in 2002 by three former Rothschild bankers. It has a unique investment strategy that focuses on buying mid-sized UK companies.

The firm's team has a strong track record of identifying and acquiring companies with significant potential for growth. TDR Capital's investment approach is centered around working closely with the management teams of its portfolio companies.

TDR Capital has invested in a range of industries, including retail, healthcare, and leisure. Its portfolio companies include well-known brands such as Majestic Wine and Prezzo.

What Do Capitals Do?

TDR Capital is a leading European private equity firm with over $15 billion of assets under management. They were founded in 2002 and have a team of around 80 professionals.

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TDR typically acquires majority stakes in strong, market-leading European companies with the potential for robust growth and resilience throughout economic cycles. They have managed five European mid-market buyout funds.

TDR takes a long-term approach, typically holding investments well beyond the industry average. They provide expert team resources to help their portfolio companies grow and succeed.

What Is Revenue?

Revenue is a key metric that gives us an idea of a company's financial health. TDR Capital's revenue is reported to be between $11m and $100m.

Having a clear understanding of revenue is essential for making informed decisions about investments or partnerships. This range gives us a sense of the company's scale and financial capabilities.

In the context of TDR Capital, revenue is a critical factor in determining the company's growth potential. With a revenue range of $11m to $100m, the company has a significant financial foundation to build upon.

Understanding revenue is also important for investors and stakeholders who want to assess the company's financial performance. This metric helps them gauge the company's ability to generate profits and sustain growth.

TDR Capital's revenue range suggests that the company has a solid financial footing, which is a positive sign for its future prospects. This could be an attractive factor for investors looking to partner with the company.

Investigations

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TDR Capital has been under scrutiny in recent years, with multiple investigations launched into its business dealings.

In December 2020, the Competition and Markets Authority started investigating the £6.8 billion Asda joint takeover by TDR, brothers Mohsin and Zuber Issa, and EG Group.

The investigation was a result of a referral from the EU Commission, probing for significant adverse effects on competition in the UK.

TDR's Managing Partner, Gary Lindsay, and COO and Deputy General Counsel, appeared before a Parliamentary select committee in January 2024.

They were questioned about TDR's debt burden, particularly with regards to Asda and Stonegate.

The chair of the select committee, Labour's Liam Byrne, expressed concerns about the private equity model, stating that it creates big tax incentives for companies to load up with debt.

TDR's debt burden is substantial, with £2.5 billion in debt and a debt increase of £650 million.

In October 2022, the Competition and Markets Authority began an investigation into the completed acquisition by Asda, TDR, and the brothers, of petrol forecourt business from the Co-operative Group.

This investigation is ongoing, and its outcome is yet to be determined.

Competitors

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TDR Capital is not the only private equity firm operating in the market. They compete with other firms like Apax Partners, which has a similar investment approach and has also made significant investments in the UK and Europe.

Apax Partners has a strong track record of investing in consumer and retail businesses, which is similar to TDR Capital's focus. In fact, Apax Partners has invested in companies like WHSmith and Lakeland, both of which are well-known consumer brands.

Apax Partners has also been involved in some high-profile exits, including the sale of its stake in the UK's largest independent pharmacy chain, Day Lewis. This demonstrates the firm's ability to generate strong returns for its investors.

TDR Capital's competitors also include other private equity firms like Bridgepoint, which has a strong presence in the European market and has invested in a range of businesses, including consumer goods and retail.

Frequently Asked Questions

How much is TDR Capital worth?

TDR Capital manages over €15 billion (£12.7 billion) in assets, making it a significant player in the financial industry. This impressive figure has put the London-based firm and its investors in the spotlight.

How much of Asda does TDR Capital own?

TDR Capital owns 67.5% of Asda. This significant stake gives TDR Capital substantial influence over the company's operations and decision-making processes.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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