Michael Beetz wird Associate Principal bei Palamon Capital Partners
Palamon Capital Partners (“Palamon” or the “Firm”), one of Europe’s leading mid-market private equity firms, has appointed Michael Beetz as an Associate Principal.
Mr Beetz, a German national, joins Palamon from Coller Capital where he was a Senior Associate in its London based investment team. Prior to this he was an Associate at UBS Investment Bank in its London office advising on buyouts, M&A and IPO transactions. Mr Beetz graduated from the University of Oxford with a BA in Economics and Management and holds an MBA from Harvard Business School.
Holger Kleingarn, Partner at Palamon, commented: “We are delighted to welcome Michael to the Firm. His appointment reflects Palamon’s continuing commitment to developing our investment capability and he will join the team as we continue to strengthen our presence both in Germany and across Europe.”
Commenting on his appointment, Mr Beetz said: “I was attracted by Palamon’s investment strategy of finding high growth, entrepreneur-led companies across Europe and its strong track record in creating market leaders. I look forward to the exciting opportunities in this space and being involved in building growth companies that deliver long term value to investors.”
Mr Beetz joins Palamon’s multi-national London-based team. The Firm, with €1.1 billion of equity under management, is currently investing its second pan-European fund, Palamon European Equity II, L.P.
Palamon’s investment strategy focuses on growth as the principle driver of value creation, with its portfolio of service sector businesses averaging 20% revenue growth since the Firm’s inception in 1999. Through strong proprietary deal origination the Firm identifies opportunities in sub-sectors of industry where prevailing macro-economic conditions will support high rates of growth. Recent such investments include QualitySolicitors, the UK’s leading consumer focused legal brand and EnGrande, a leading on-line booking agent to the budget accommodation sector.
Palamon Capital Partners
Palamon Capital Partners, LP is an independent private equity Partnership founded in 1999, which is focused on providing equity for European growth services companies. Palamon, as a pan-European investor, originates, executes and manages investments in the UK, Germany, Italy, Spain, Norway, and Sweden. The Firm targets investments in companies where it can be the lead private equity provider and where it can provide strategic direction and partner with management to help build equity value. The Firm manages Palamon European Equity, L.P. and Palamon European Equity II, L.P. with commitments of €1.1 billion.