Wikipedia:Articles for deletion/Charterhouse Capital Partners

The following discussion is an archived debate of the proposed deletion of the article below. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.

The result was no consensus.  Sandstein  11:34, 17 January 2016 (UTC)[reply]

Charterhouse Capital Partners

Charterhouse Capital Partners (edit | talk | history | protect | delete | links | watch | logs | views) – (View log · Stats)
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Not particularly notable company. Cloudbound (talk) 21:56, 26 December 2015 (UTC)[reply]

  • Delete Not notable; adequately covered on Charterhouse Group which itself is not a strong corporate page. Presume WP:PROMO LaMona (talk) 06:22, 27 December 2015 (UTC)[reply]
  • Delete at best as I found some links here and there a News, Books, browsers and Highbeam. SwisterTwister talk 00:33, 28 December 2015 (UTC)[reply]
Note: This debate has been included in the list of Business-related deletion discussions. SwisterTwister talk 00:34, 28 December 2015 (UTC)[reply]
Note: This debate has been included in the list of England-related deletion discussions. SwisterTwister talk 00:34, 28 December 2015 (UTC)[reply]
Note: This debate has been included in the list of Companies-related deletion discussions. SwisterTwister talk 00:34, 28 December 2015 (UTC)[reply]
  • Keep per the significant coverage in reliable sources.
    1. Clark, Simon; Pritchard, Becky (2015-01-05). "Infighting Roils Veteran British Buyout Firm Charterhouse Capital: Behind the Genteel Facade of the London-Based Private-Equity Firm Lurk Internal Frictions". The Wall Street Journal. Archived from the original on 2015-01-01. Retrieved 2016-01-02.

      The article notes:

      Charterhouse Capital Partners LLP is the elder statesman of British private equity, 80 years old and among London’s most prestigious and private firms. Based in a square by the London Stock Exchange and St. Paul’s Cathedral, it has long thrown off profits to a tight circle of principals.

      But behind the genteel facade, Charterhouse has been a scene of friction, involving both how its earnings are divided among the staff and how to hand power to a new generation. At a sensitive time—as the firm asks investors for billions for new deals—it is grappling with two soured investments, and details of its internal discord have been laid bare in a lawsuit by a disgruntled former partner.

      The lawsuit also revealed a fateful choice made by executives who became Charterhouse’s owners nearly 14 years ago: They would make as much money as possible, and pay little heed to their successors.

    2. Pritchard, Becky (2014-02-03). "Legal Battle Throws The Spotlight on Charterhouse". The Wall Street Journal. Archived from the original on 2015-01-01. Retrieved 2016-01-02.

      The article notes:

      On July 31, 2008, Geoffrey Arbuthnott drove from his home in Hertfordshire to an upmarket restaurant in the town of Burnham Market in Norfolk. He arrived early and waited for his former colleague Edward Cox, who was chairman of the legendary low-profile firm Charterhouse Capital Partners until 2011, to arrive. Mr. Arbuthnott had worked at the firm for over 20 years and had retired earlier that year but still held 8.9% of the shares in Charterhouse Capital Limited.

      Fast-forward six years and what was said at that lunch at The Hoste Arms, a hostelry that dates back to 1550, is now being raked over by lawyers in London’s Chancery Division of the High Court during a six-week trial that centres on a disagreement over the value of Mr. Arbuthnott’s shares in the firm.

      Alleged blackmail is just one of a number of issues that have come out in court but the real heart of the case is how private equity firms deal with succession and find a fair price to pay old guard partners for their shares once they retire.

      The case has also provided a rare insight into the workings of Charterhouse. Despite an 80-year history, outsiders know relatively little about the inner workings of the group, even though it controls more than €8 billion of investments, because it is run by a small, tightly knit group of long-time executives.

    3. Dunkley, Daniel (2015-02-22). "£1m each: a bad year for buyout bosses: Partners at secretive private equity firm Charterhouse share £32m". The Sunday Times. Archived from the original on 2015-01-01. Retrieved 2016-01-02. (subscription required)

      The article notes:

      TOP EXECUTIVES at City buyout firm Charterhouse Capital Partners took home £32.3m last year, despite seeing some of their most high- profile investments fall into the hands of lenders in the past 12 months.

      Dealmakers at Charterhouse — a firm best known for owning a stake in the over-fifties holiday and insurance group Saga — earned an average of £1.24m last year, according to accounts filed at Companies House. Charterhouse Capital Partners, a UK-registered company, made a profit of £77.4m last year, filings for the year to March 2014 show.

      Insiders said the £32m income did not include carried interest, a performance bonus shared by private equity executives once their investments have reached a set profit hurdle.

      The sources said the income came from fees Charterhouse charges investors for managing its multi-billion buyout funds.

      The income was shared among just 26 staff at Charterhouse, the source said.

    4. Jessop, Simon; Berry, Freya (2015-06-15). Holmes, David (ed.). "Charterhouse Capital sells ERM stake to Omers in $1.7 bln deal". Reuters. Archived from the original on 2015-01-01. Retrieved 2016-01-02.

      The article notes:

      London-based Charterhouse looks for western European deals in a range between 250 million euros ($281 million) and 2 billion and has so far completed over 140 transactions worth an aggregate value of over 50 billion euros, it said.

    5. Quinn, James; Kleinman, Mark (2008-12-06). "Charterhouse Capital seeks to raise £5.2bn buyout fund". The Daily Telegraph. Archived from the original on 2015-01-01. Retrieved 2016-01-02.

      The article notes:

      Based on figures to the end of March, Charterhouse had earned a gross internal rate of return of 45.1pc on the €6.8bn it has invested in 47 transactions.

      Charterhouse, led by chief executive Gordon Bonnyman, who is estimated to have a £140m fortune, is best known in Britain for its backing of a management buy-out of Saga from the founding de Haan family in October 2004.

      More recently, Charterhouse sold car parking group Epolia to Holland's Q-Park for an undisclosed amount.

    There is sufficient coverage in reliable sources to allow National Business Furniture to pass Wikipedia:Notability#General notability guideline, which requires "significant coverage in reliable sources that are independent of the subject".

    Cunard (talk) 00:30, 2 January 2016 (UTC)[reply]

  • Charterhouse Capital Partners has received substantial coverage in The Wall Street Journal and The Sunday Times. It has received significant coverage in Reuters and The Telegraph.

    The Wall Street Journal says, "Charterhouse Capital Partners LLP is the elder statesman of British private equity, 80 years old and among London's most prestigious and private firms." The Wall Street Journal also calls Charterhouse Capital Partners a "legendary low-profile firm". The subject is clearly notable.

    Cunard (talk) 00:30, 2 January 2016 (UTC)[reply]

Relisted to generate a more thorough discussion and clearer consensus.
Relisting comment: Relisting per new sources presented. North America1000 06:06, 2 January 2016 (UTC)[reply]
Please add new comments below this notice. Thanks, North America1000 06:06, 2 January 2016 (UTC)[reply]
Relisted to generate a more thorough discussion and clearer consensus.
Please add new comments below this notice. Thanks, Nakon 02:57, 9 January 2016 (UTC)[reply]
  • Weak keep - not particularly well-known but there are the seeds of an article here. As I understand it, Charterhouse is an older bank bought by HSBC whose private equity firm ended up breaking out on its own through an MBO. There's coverage dating back to 2001 of that e.g. here. Saying it dates back 80 years is confusing, though, when its modern corporate entity is much newer. Blythwood (talk) 07:34, 13 January 2016 (UTC)[reply]
The above discussion is preserved as an archive of the debate. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.
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