Berggruen Holdings’ private equity activity is based on a strategy that emphasizes creativity and speed in evaluating and acting upon potential investments. The company is open to exploring unconventional opportunities and financial structures, and is known for working collegially with motivated and capable management teams.
In the aggregate the firm’s private equity portfolio is debt free and represents businesses that currently have $5 billion in revenue and in excess of $250 million EBITDA. Although primarily focused on the United States and Greater Europe, Berggruen Holdings will also look at opportunities in emerging markets and Asia. Berggruen typically will invest up to $200 million of equity in any single transaction.
While being industry agnostic and having a bias towards positive cash flow, Berggruen Holdings is willing to buy businesses through leveraged buyouts, public market securities, distressed situations and balance sheet restructurings.
Through direct investments, stakes in portfolio companies taken public and the founding of a number of SPAC’s, Berggruen Holdings has long term positions in a number of public market securities, including the following:
Accentia Technologies is listed on the Bombay Stock Exchange (BSE) and traded on the Singapore Stock Exchange. It is in the business of Healthcare Receivables Cycle Management (HRCM).
Justice is a publicly listed investment vehicle which completed its IPO in February 2011.
Phoenix Group Limited, the largest closed life fund consolidator in the UK.
Prisa, the world’s leading Spanish and Portuguese-language business group in the fields of education, information and entertainment.
Berggruen Holdings has a significant presence in the global real estate market. The firm is currently involved in a number of commercial and residential real state projects including a large revitalization project in Newark, New Jersey; hotel and mixed-use development ventures in India, Turkey, Japan, Singapore and a growing residential and commercial real estate portfolio in Berlin, Germany and on the West Coast of the United States. Further projects are located in Israel and Australia.
The firm is committed to building meaningful architectural projects that make a contribution to the urban environment and which have an intrinsic aesthetic value. Berggruen Holdings currently works with renowned architects including Richard Meier, Shigeru Ban and David Adjaye.
Berggruen Holdings’ investment strategy is to identify undervalued real estate opportunities with a long-term investment view. The firm buys properties individually or in larger portfolios, including property-backed loans. By establishing local professional management teams with proven expertise, the firm is able to quickly enter into local markets.