Searchlight Capital

Searchlight Capital Partners is a private equity firm based in the United States, United Kingdom and Canada, with $15 billion in assets under management.

History
Searchlight Capital was founded in 2010 by Eric Zinterhofer, Oliver Haarmann, and Erol Uzumeri, its founding partners. It has offices in New York City, London and Toronto.

In January 2012, Searchlight Capital completed the acquisition of the famed rubber Wellington Boot manufacturer Hunter Boot Ltd.

In July 2014, Searchlight Capital acquired the Canadian meat and frozen food retail chain M&M Food Market.

In June 2015, Searchlight Capital (40%) and Liberty Global (60%) jointly acquired Choice Cable TV, Puerto Rico's second-largest cable operator, for US$272.5 million. In October 2015, the company acquired a majority stake in the Canadian apparel brand Roots Canada, with a minority stake still held by its founders.

In December 2015, Searchlight closed its second fund with $1.94 billion of commitments.

In April 2018, Searchlight acquired Canadian enterprise telecommunications company Mitel in an all-cash transaction of $2 billion.

In July 2021, Searchlight acquired the fixed wireless Internet Service Provider All Points Broadband. In October 2021 Searchlight acquired a minority stake of M&A insurance MGA Euclid Transactional, based in New York.

In October 2022, Searchlight Capital bought a minority stake of Singapore shipmanager Synergy Marine Group in an undisclosed deal.

In April 2023, Searchlight Capital became bidding partner of Providence Equity for its agreed takeover offer of global event organiser Hyve Group, with the deal completed in June 2023. In May 2023, Searchlight, together with payments company Rev Worldwide, acquired Netspend consumer business from Global Payments in an all-cash transaction valued at $1 billion.

In July 2023, the company announced the acquisition of Gresham House, a UK-based asset manager listed on the London Stock Exchange, in a £470 million deal.