2005 was a successful year for 3i Buyouts. We invested €0.8bn in 15 new companies; invested in add-on acquisitions for five existing investments; provided support for portfolio companies expanding into Asia; realised 19 investments making an average 3.2 times return; and generated €1.8bn in cash.

Reflecting the market we have been cautious buyers and aggressive sellers...

Increasing pan_European investment

•  €0.8bn in 15 new companies

Building successful businesses

• Add-on acquistiions for five existing investments
• Local support for portfolio companies expanding into Asia

Outstanding returns

• 19 realisations, 3.2x money multiple
• 12 recapapitalisations€1.8bn of cash generated

Sector insight

• Invested in businesses with attractive growth oppurtunities across a broad range of sectors
• Dedicated teams developed for Media, Healthcare, Business Services, Financial Services, Consumer and Oil, Gas & Power.

Attracting further talent to the team

• Seven new senior hires