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McKenna returns to Advent International

David McKenna has rejoined Advent International after three years at rival private equity firm, Bain Capital. McKenna will be responsible for buy-outs and growth equity investments in North America, with an emphasis on industrial technology buy-out transactions.

‘We are very excited to have David on our team again,' said David Mussafer, head of Advent's North American private equity group. ‘We continue to believe that a significant opportunity exists today to accomplish attractive tech buy-outs in this marketplace, and David is the perfect addition for us as we execute on this strategy.'

McKenna was with Advent for eight years prior to joining Bain Capital and was responsible for executing buy-out and growth equity investments in the retail, distribution and industrial technology sectors. In addition McKenna spent two years managing Advent's Hong Kong office focusing on buy-out transactions in Greater China and Southeast Asia.

‘I am excited to be rejoining a group that I have known and admired for a long time,' said McKenna. ‘The team has a deep bench of talent, and it has gained terrific momentum in the middle market through its proactive deal sourcing and sector-focused approach.'

Advent International has raised $6bn in cumulative capital and has financed over 500 companies since its inception in 1984. The firm has offices in the US, Europe, Latin America and Asia and has realised 128 IPOs on 20 stock exchanges around the world.

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