Rolly 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