3i buyout team hires Giddins

Alan Giddins, former managing director and head of Transport Services at SG Hambros, has joined 3i’s European buyout business as a director.

Pan-European private equity firm 3i has appointed Alan Giddins as a director within its European buyout business.

39-year-old Giddins joins from SG Corporate & Investment Banking (SGCIB), the corporate and investment banking arm of the Société Générale Group. At SGCIB, Giddins was a managing director and most recently head of M&A within the transport and support services group.

Giddins joined SGCIB in 1992 from KPMG, where he began his career in 1987. His experience covers both public and private markets. Giddins advised ferry company P&O on the demerger of its cruise division, and has worked with private equity firms on both the buy and sell side.

At 3i, London-based Giddins will focus on support services and transport and logistics, reporting directly to Jonathan Russell, head of buyouts at 3i.

3i’s European buyout arm manages over €3.5 billion of capital invested in more than 100 companies. Recent investments by the group include the €540 million ($706 million) acquisition of French transport company Keolis and the €300 million investment in German pharmaceutical company Betapharm.

Giddins, as well as the rest of the almost 300 London-based 3i employees, will shortly be moving to new premises in the city. The firm is leaving its 32-year-old headquarters at Waterloo and moving to Cardinal Place, a new Land Securities development in Victoria.