Advent International
Strategic Concepts & Mechanics
Primary Evidence
"Almost by accident in 2003, shortly after I moved to London, I received a call from Advent International, a private equity group. ‘Thor,’ they said. ‘We know you from the brewery financing talks in Russia. We’ve watched what you did there and are kicking ourselves for not having invested but here’s another opportunity. We’re bidding on a privatisation of the major Bulgarian telecoms company BTC. We remember you were in a privatisation in the…"
"In the meantime, I had become involved in other privatisations. Almost by accident in 2003, shortly after I moved to London, I received a call from Advent International, a private equity group. ‘Thor,’ they said. ‘We know you from the brewery financing talks in Russia. We’ve watched what you did there and are kicking ourselves for not having invested but here’s another opportunity. We’re bidding on a privatisation of the major Bulgarian telecoms company BTC. We remember you were in a privatisation in the pharmaceutical industry in 1999 in Bulgaria. We’ve got another investment. Would you like to co-invest with us?’"