{"id":56732,"date":"2016-10-04T01:12:31","date_gmt":"2016-10-03T23:12:31","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/stage-capital-launches-as-independent-private-equity-firm\/"},"modified":"2016-10-04T01:12:31","modified_gmt":"2016-10-03T23:12:31","slug":"stage-capital-launches-as-independent-private-equity-firm","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/stage-capital-launches-as-independent-private-equity-firm\/","title":{"rendered":"Stage Capital Launches as Independent Private Equity Firm"},"content":{"rendered":"<p>Stage\tCapital\ttoday\tannounces\tthat\tit\thas\tcompleted\tits\tseparation from\tNBGI, backed<br \/>\nby\tfunds\tmanaged\tby\tDeutsche\tBank\tPrivate\tEquity\t(\u201c<em>DBPE<\/em>\u201d)\tand\tGoldman\tSachs\tAsset<br \/>\nManagement\t(\u201c<em>GSAM<\/em>\u201d,\ttogether\tthe\t\u201c<em>Investors<\/em>\u201d).\t<\/p>\n<p>DBPE and\tGSAM will\tbe\tLimited\tPartners\tin\t the\t funds managed\tby\t the\t firm,\talongside<br \/>\nsignificant\t investment by\t members\t of\t the\t Stage\t Capital team. The Investors\t have<br \/>\nacquired\t100% of\tNational\tBank\tof\tGreece\u2019s\tinterests\tin\t the\t funds under\tmanagement<br \/>\nby\tNBGI\tPrivate\tEquity\tfor\ta\tconsideration\tof\t\u20ac288m,\tin\taddition\tto\tcommitted funding<br \/>\nto\tsupport\tand\tbuild\tthe\texisting\tportfolio.<\/p>\n<p>The\t core\t senior\t investment\t team\t members\t from\t NBGI\t Private\t Equity\t have become<br \/>\npartners\t in\t Stage Capital,\t led by\t incoming\tManaging\t Partner &#038;\t CEO\tGraham\t Thomas,<br \/>\nwhose previous experience\tincludes\troles\tat Goldman\tSachs,\tMidOcean Partners and RIT<br \/>\nCapital\tPartners.<\/p>\n<p>Stage\t Capital\tmanages\t a\t portfolio\t comprising\t private\t equity,\t venture\t capital\t and\t real<br \/>\nestate\tinvestments\tacross\tUK\tand\tEurope.\tA\tnumber\tof\tportfolio\tcompanies\t remain\tin<br \/>\ngrowth\tand\tbuild-up\tmode\tand\tthe\tfirm will\tcontinue\tto\tbe\tactive\tin\tmaking\tacquisitions<br \/>\nand\tsupporting organic\tgrowth.<\/p>\n<p>Stage\t typically\tinvests\tbetween\t\u20ac5m-\u20ac25m\tinto\teach\tportfolio\tcompany,\tand\thas\tbeen<br \/>\ncommitted\t to\t investing\t in\t the\t midmarket\t since\t 2000.\t The\t team\t will\t continue\t to\t back<br \/>\nexperienced,\t dynamic\t management\t teams\t to\t build\t strong\t platform\t investments\t and<br \/>\ndrive\tchange to\tcreate\tvaluable,\tsustainable\tbusinesses.\t<\/p>\n<p>Graham\tThomas\tcommented:\t\u201c<em>The\tStage\t Capital\t name\t reflects\t the\t platform\t that\twe\t provide\tas\tan\tinvestor,\t both\tin<br \/>\nterms\tof\tthe\tfinancial\tsupport\tand\tthe\texpertise\tthat\twe\tbring\tas\ta\tseasoned\tinvestment<br \/>\nteam.\tWe\tare\tdelighted\t to\thave\tbeen\tbacked\tby\tDBPE\tand\tGSAM,\tand\tare\t focused\ton<br \/>\nrealising\t strong\t returns\t for\t our\t Investors. There\t are\t exciting opportunities to\tfurther<br \/>\ndevelop\tand\tbuild\tStage\tCapital.<\/em>\u201d<\/p>\n<p>In\t the\t run\t up\t to\t completion\t of\t its\t spin\t out,\t Stage\tCapital\thas remained active\t on\t the<br \/>\ninvestment and\texit front:<\/p>\n<p>Stage Capital recently\t secured\t a\t successful\t exit\t from\t its\t Real\t Estate\t portfolio.\t Stage<br \/>\nCapital\u2019s\t Polish logistics\t assets,\t comprising\t five\t warehouses\t with\t a\t combined\t area\t of<br \/>\nover\t 126,000\tsqm,\twere\tprofitably\tsold\t to\t real\testate\tinvestor\tHines in\t July\t 2016. The<br \/>\nReal\t Estate\t portfolio\t has also invested\t further\t in\t its\t Czech\t logistics\t portfolio,<br \/>\ncommencing the\tconstruction\tof\ta\tnew\t30,000\tsqm\tbuilding\twhich\tis due\tto\tcomplete\tby<br \/>\nthe\tyear\tend.<\/p>\n<p>On\t the\t Buyout front,\t UK-based\t ATR Group (which\t Stage\t Capital\t acquired\t in\t 2012)<br \/>\nannounced\tits\tmerger\twith\tCenturion in\tlate\tJuly 2016. The\tcombination\tcreates a\tglobal<br \/>\nplayer\tin\tthe\toil\tand\tgas\trental equipment\tand\tservices\tmarket with\ta\tgroup\tturnover\tof<br \/>\nover\t \u00a3100\t million,\t operating\t from\t bases\t in\t the\t UK,\t Netherlands,\t Caspian,\t Singapore,<br \/>\nAustralia\t and\t the\t US. ATR\u2019s\t chief\t executive\t Keith\tMoorhouse\t has\t become CEO of\t the<br \/>\ncombined\tgroup in\twhich\tStage\tremains\ta\tsignificant\tinvestor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spin-out\tof\tUK\t&#038;\tEuropean\tprivate\tequity\tinvestor\tNBGI\tPrivate\tEquity.<br \/>\nNew\tfirm\tbacked\tby\tfunds\tmanaged\tby\tDeutsche\tBank and\tGoldman\tSachs,\twith\tinitial<br \/>\nAUM\tof\tover\t\u20ac300m.<\/p>\n","protected":false},"author":20,"featured_media":56730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1687,1655,1437,1952],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/56732"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=56732"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/56732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/56730"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=56732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=56732"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=56732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}