Rolly Van Rappard Age, Wife, Family, Biography & More
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Age: 62 Years
Education: LLM
Wife: Françoise Van Rappard
Some Lesser Known Facts About Rolly Van Rappard
- Rolly Van Rappard is a Dutch entrepreneur and banker. He is one of the co-founders of Europe’s largest private equity firm CVC Capital Partners.
- Rolly was born into a noble family tracing its roots back to Westphalia, northwestern Germany.
- Upon completing his formal education, Rolly got employed by Citigroup and worked in the organisation in London and Amsterdam, looking after its corporate banking and corporate finance.
- He joined Citicorp Venture Capital London in 1989.
- Rolly Van Rappard, Michael Smith, Hardy McLain, Donald Mackenzie, Iain Parham, and Steve Koltes purchased Citicorp Venture Capital London after making a deal with Citicorp in 1993 and later renamed it CVC Capital Partners.
- Rappard replaced Michael Smith and became the chairman of CVC Capital Partners along with Donald Mackenzie and Steve Koltes in 2012.
- CVC Capital Partners bought Sky Betting & Gaming, a gambling company situated in the United Kingdom, in 2015.
- Thereafter, CVC Capital Partners bought Starbev, an alcoholic beverage-manufacturing company, Samsonite, a suitcase-making company, and the printing systems division of Badische Anilin und Soda Fabrik (BASF).
- Later, the organisation purchased Formula One, but it was sold for $8 billion to Liberty Media, owned by John Carl Malone, after incurring unsustainable losses.
- CVC Capital Partners spent Rs. 5,600 crores on purchasing an IPL team named Gujarat Titans in 2021.
- For acquiring many global companies, the trio Steve Koltes, Donald Mackenzie, and Rolly Van Rappard are called as the buyout kings of Europe. [1]Daily Mail
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