Latest Advent International News & Updates

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Advent International

Global private equity firm

adventinternational.com
Headquarters
Boston, United States
Company type
Private company
Number of employees
500–1,400

Last updated

Latest news about Advent International

In short: Advent International orchestrated the $34.4 billion sale of TK Elevator to Kone and pledged $1 billion to advance global defense technology.

Company announcements

  • Advent International

    Advent International announces Umang Vohra joins Cohance Lifesciences

    He becomes Executive Chairman and Group CEO. Umang has a strong track record in Indian pharma, scaling global businesses. He leads Cohance's next chapter as a technology-driven CDMO.

  • Advent International

    Advent International announces TKE-KONE combination

    TKE grew revenue to €9.2bn, boosted margins to 15%, and completed 100+ transformations since 2020 carve-out.

  • Advent International

    Advent leads consortium combining KONE and TKE

    The transaction values TKE at EUR 29.4 billion, creating a global leader in elevators with EUR 20.5 billion sales and EUR 700 million synergies. Completion expected in 2027.

  • Advent International

    Advent International announces $1 billion commitment to defence technology

    Invests in Shield AI for autonomy and Saronic for maritime capabilities. Aims to bridge innovation and operational deployment in software-driven defence.

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