Advent International Doubles Down on NIQ with $2.35 Billion Stake, Ranks as Top Holding

Advent International disclosed a new stake in NIQ Global Intelligence plc, acquiring 149,380,246 shares valued at approximately $2.35 billion. This represents 47.23% of the fund's reportable assets under management and ranks NIQ as the fund's 1st-largest holding. The investment is a significant bet on NIQ, which operates in the technology sector, leveraging advanced analytics and artificial intelligence to deliver actionable consumer insights.