Terra Firma Capital Partners

Terra Firma Capital Partners | Private Equity Profile

The following piece on Terra Firma Capital Partners is being published as part of our Private Equity Tracker Tool, our daily effort to track private equity firms in the industry. Terra Firma Capital Partners is a European private equity firm led and founded by Guy Hands. Since its creation in 2002 to 2007, Terra Firma has invested an estimated €11 billion (almost $16 million) including a high-profile 40% stake in EMI Warner Music Group and a smaller share of Time Warner.

Resource #1: Terra Firma Capital Partners Completes First U.S. Deal
(8.28.09)Hands’ buyout firm, Terra Firma Capital Partners, has just cut its first U.S. deal. The firm, perhaps best-known for buying music publisher EMI, has agreed to a 350 million acquisition of Everpower Wind Holdings, a New York developer of wind farms.

The deal is a bold move, as Terra Firma has no U.S. office, although a number of its investors are based in the U.S., people close to the private-equity firm said. But Terra didn’t come to these shores empty handed.

EverPower, and its venture-capital banker Good Energies, is advised by Barclays Capital, the investment-banking arm of the U.K.’s Barclays Bank. BarCap has known Terra Firma in Europe for years, and the U.K. bank’s presence in the U.S. has taken off since it acquired assets from bankrupt rival Lehman Brothers last year. (Terra Firma was advised by Morgan Stanley and sector specialist Climate Change Capital.) Source

Resource #2: Terra Firma Injects 28 Million Pounds into EMI

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