Searchlight Capital

Last updated
Searchlight Capital Partners
Type Private
Industry Private equity
Founded2010;13 years ago (2010)
Founder Eric Zinterhofer
Oliver Haarmann
Erol Uzumeri
Headquarters
745 Fifth Avenue, New York, NY 10151
,
US
Number of locations
New York City, London, Toronto
Area served
North America, Europe
Website http://www.searchlightcap.com/

Searchlight Capital Partners is a private equity firm based in the United States, United Kingdom and Canada.

Contents

History

Searchlight Capital was founded in 2010 by Eric Zinterhofer, Oliver Haarmann, and Erol Uzumeri, its founding partners. [1] [2] It has offices in New York City, London and Toronto. [2]

In January 2012, Searchlight Capital completed the acquisition of the famed rubber Wellington Boot manufacturer Hunter Boot Ltd. [3]

In July 2014, Searchlight Capital acquired the Canadian meat and frozen food retail chain M&M Food Market. [4]

In June 2015, Searchlight Capital (40%) and Liberty Global (60%) jointly acquired Choice Cable TV, Puerto Rico's second-largest cable operator, for US$272.5 million. [2] In October 2015, the company acquired a majority stake in the Canadian apparel brand Roots Canada, with a minority stake still held by its founders. [5]

In December 2015, Searchlight closed its second fund with $1.94 billion of commitments. [2]

In April 2018, Searchlight acquired Canadian enterprise telecommunications company Mitel in an all-cash transaction of $2 billion. [6]

In July 2021, Searchlight acquired the fixed wireless Internet Service Provider All Points Broadband. [7]

In July 2023, the company announced the acquisition of Gresham House, a UK-based asset manager listed on the London Stock Exchange, in a £470 million deal. [8] [9]

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References

  1. "Company Overview of Searchlight Capital Partners". Bloomberg LP. Retrieved 20 February 2018.
  2. 1 2 3 4 "Searchlight Capital nears $1 bln first close - PE Hub". pehub.com. 6 July 2015. Retrieved 20 February 2018.
  3. "Searchlight Capital Partners, Hutton Collins Partners and Three Hills Capital Partners acquired Hunter Boot". Mergr. 2011-12-16. Retrieved 2021-03-01.
  4. "Searchlight Capital Partners buys M&M meat shops". CBC News. 2014-07-30. Retrieved 2021-03-01.
  5. "Roots Canada sells majority stake to Searchlight Capital". CBC News. 2015-10-26. Retrieved 2021-03-01.
  6. Lunden, Ingrid (2018-04-24). "Enterprise Firm Mitel to be acquired for $2B by Rackspace investor Searchlight". Techcrunch. Retrieved 2021-03-01.
  7. "Searchlight Capital Partners Makes Strategic Investment in All Points Broadband". 2021-07-06. Retrieved 2021-10-21.
  8. Alim, Arjun Neil (2023-07-17). "Searchlight Capital buys UK asset manager Gresham for £470mn". www.ft.com. Retrieved 2023-07-17.
  9. "Searchlight to buy UK asset manager Gresham House for $615 mln". Reuters. 2023-07-17. Retrieved 2023-07-17.