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Permira Credit

Europe, England, United Kingdom, London

Description

Permira Credit, formerly known as Permira Debt Managers, is a prominent specialist credit investor and an integral part of the global Permira investment platform. Headquartered in London, the firm is dedicated to providing flexible financing solutions to a diverse array of businesses, primarily across Europe and North America. Their investment philosophy emphasizes building long-term partnerships with companies, offering tailored debt capital to support various corporate actions such as growth initiatives, acquisitions, and recapitalizations. Permira Credit's approach is rooted in deep credit analysis and active portfolio management, positioning them as a preferred lender for both private equity-backed and independent companies.

The firm employs a multi-strategy approach, encompassing Direct Lending, Collateralized Loan Obligations (CLOs), Credit Opportunities, and Strategic Credit. Through its Direct Lending strategy, Permira Credit typically provides debt facilities ranging from €50 million to €500 million, targeting both mid-market and larger-cap companies. These solutions include senior, unitranche, second lien, and mezzanine debt, demonstrating a comprehensive toolkit for bespoke financing. Their CLO management involves investing in diversified portfolios of senior secured loans, while Credit Opportunities and Strategic Credit focus on more opportunistic and complex credit situations, respectively.

Permira Credit commands significant scale within the private credit market. As of December 31, 2023, the firm reported substantial assets under management totaling €20.3 billion, underscoring its robust capacity and influence. This financial backing enables them to be a reliable and substantial partner for businesses seeking non-dilutive capital. Their commitment to providing flexible, long-term debt solutions contributes significantly to the growth and stability of companies across the European and North American credit landscapes.

Investor Profile

Permira Credit has backed more than 40 startups, with 0 new investments in the last 12 months alone. The firm has led 33 rounds, about 83% of its total and boasts 28 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Debt Financing, Private Equity, Post Ipo Debt rounds (top funding stages).
  • Majority of deals are located in United Kingdom, France, Germany.
  • Strong thematic focus on Information Technology, Manufacturing, Marketing.
  • Typical check size: $53.5M – $535M.

Stage Focus

  • Debt Financing (90%)
  • Private Equity (8%)
  • Post Ipo Debt (3%)

Country Focus

  • United Kingdom (50%)
  • France (15%)
  • Germany (10%)
  • The Netherlands (5%)
  • Poland (3%)
  • Denmark (3%)
  • Chile (3%)
  • United States (3%)
  • Belgium (3%)
  • Norway (3%)

Industry Focus

  • Information Technology
  • Manufacturing
  • Marketing
  • E-commerce
  • Hospitality
  • Consulting
  • Software
  • Automotive
  • Financial Services
  • Food And Beverage
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Permira Credit frequently co-invest with?

Cheyne Capital Management
Europe, England, United Kingdom, London
Co-Investments: 1
Clyde Blowers Capital
Europe, South Lanarkshire, United Kingdom, East Kilbride
Co-Investments: 1
European Capital
Europe, NA - Guernsey, Guernsey, St. Peter Port
Co-Investments: 1
Goldman Sachs
North America, New York, United States, New York
Co-Investments: 1
MCI Capital SA
Europe, Mazowieckie, Poland, Warsaw
Co-Investments: 1
OakNorth
Europe, Manchester, United Kingdom, Manchester
Co-Investments: 1
Liberty Media
North America, Colorado, United States, Englewood
Co-Investments: 1
JP Morgan Chase
North America, New York, United States, New York
Co-Investments: 1
American Capital
North America, Maryland, United States, Bethesda
Co-Investments: 1
Powszechny Zakład Ubezpieczeń Spółka Akcyjna
Europe, Mazowieckie, Poland, Warsaw
Co-Investments: 1

What are some of recent deals done by Permira Credit?

F1 Arcade

London, England, United Kingdom

F1® Arcade is an experiential hospitality brand that merges the excitement of Formula 1 racing with social gaming and entertainment.

GamingHospitalityMotorsportsRacing
Debt FinancingJul 11, 2024
Amount Raised: $130,787,374
Validant

San Francisco, California, United States

Validant provides quality, manufacturing, engineering, and regulatory compliance expertise to biotechnology, pharmaceutical companies.

BiotechnologyManufacturingPharmaceutical
Debt FinancingDec 20, 2018
ZITON A/S

Horsens, Midtjylland, Denmark

ZITON is a market leader in servicing offshore wind turbines. The company’s Jack-Up ships are tailored to service and maintain offshore wind

CommercialEnergyWind Energy
Debt FinancingSep 28, 2018
Bollington Wilson Group

Macclesfield, Cheshire East, United Kingdom

Bollington Wilson Group is an independent insurance broker.

Financial ServicesInsurance
Debt FinancingSep 4, 2018
PrivateSportShop

Castelnau-le-lez, Languedoc-Roussillon, France

PrivateSportShop is an online store for sports equipment.

E-CommerceRetailSporting GoodsSports
Debt FinancingAug 1, 2018
doctari

Berlin, Berlin, Germany

doctari is the specialist healthcare staffing platform in the DACH region.

Health CareHospital
Debt FinancingJul 17, 2018
Getronics

Reading, Reading, United Kingdom

The Getronics family is an ICT Services group consisting of the Getronics and Connectis brands.

Cloud Data ServicesConsultingData CenterInformation Technology
Debt FinancingJul 13, 2018
Amount Raised: $550,000,000
Love holidays

Lancing, West Sussex, United Kingdom

Love Holidays is an online travel agency that enables its users to book holiday packages.

E-CommerceLeisureTourismTravelTravel Agency
Debt FinancingMay 29, 2018
Capital Economics

London, England, United Kingdom

Capital Economics is an independent macro-economic research companies in the world.

Financial ServicesMarket ResearchSharing Economy
Private EquityMar 27, 2018
diva-e Digital Value Enterprise

Berlin, Berlin, Germany

diva-e Digital Value Enterprise is the agency that understands digital business, performance marketing and operations alike.

ConsultingInternetSEOWeb Development
Debt FinancingMar 16, 2018