17 Feb 2005
Giddins joins 3i
Alan will be responsible for investing across 3i''s key sectors, with a particular focus on support services and transport and logistics.
Alan started his career in 1987 at KPMG, before moving to SG Corporate & Investment Banking (formerly Hambros Bank, then SG Hambros) in 1992, where he held a number of senior positions including most recently Managing Director and Head of Transport & Support Services M&A.
Alan has considerable experience of advising both corporate and private equity firms, having advised a number of quoted companies, including P&O on the demerger of its cruise division and UMECO on the acquisitions of Advanced Composites Group, ASED Group and Richmond Aircraft Products Inc. He has also advised private equity firms on both the buy and sell-side, including the MBO of Asquith Court and the disposal of Kingfield Heath.
Jonathan Russell, 3i Head of Buyouts commented: "We have an experienced team that works as a truly pan-European business with a good market position and a powerful network. Alan brings with him extensive experience gained advising in the quoted sector, as well as a great network of contacts. This combined with his business building skills makes him a valuable addition to the team".
Alan said: "I have worked with 3i on a number of occasions over the last few years and have been impressed with their professionalism, strength of global network and depth of their sector expertise. The excellent financial performance of 3i''s pan-European Buyout business makes it a very attractive time to be joining the team."
Notes to editors
About 3i
3i is a world leader in private equity and venture capital. We focus on Buyouts, Growth Capital and Venture Capital and invest across Europe, in the United States and in Asia Pacific. Our competitive advantage comes from our international network and the strength and breadth of our relationships in business. These underpin the value that we deliver to our portfolio and to our shareholders.
3i Buyout Business
The 3i European Buyout Business is a leader in the European mid-market. Managing over €3.5bn invested in over 100 companies across Europe, the business invests in all sectors, with a particular focus on media, healthcare and business support services. Some recent investments include Keolis - France - €540m - passenger transport, Betapharm - Germany - €300m - pharmaceuticals, Hobbs - UK - €158m - women''s fashion retailer. Some recent successful exits include Westminster Healthcare - UK - €751m, Ben Sherman - UK fashion retailer - €114m and Pinewood Shepperton flotation - UK - €75m.