30 October 2024
- Investment to accelerate Longevity Partners’ development in tech-enabled sustainability solutions for the real estate sector and drive global expansion.
- Transaction strengthens the partnership between Leon Capital and Nuveen, advancing Nuveen’s global climate inclusion strategy and Leon Capital’s track record in backing founders in the European middle-market.
London, UK – 30 October 2024 – Longevity Partners, a leading global climate and sustainability consultancy for the real estate and infrastructure sectors, has received strategic investment from Nuveen’s Private Equity Impact team, part of the $1.2 trillion global asset manager, and Leon Capital, the London-based European private equity investment firm.
Together, Leon Capital and Nuveen’s established Private Equity Impact team will accelerate Longevity Partners’ continued global growth and drive further innovation in sustainability solutions for the built environment.
Founded in 2015, by Etienne Cadestin, Longevity Partners is a globally recognised sustainability consultancy dedicated to helping businesses around the world transition to net zero carbon. Its end-to-end strategic sustainability offering includes green building certifications, energy audits, data reporting & management, climate resilience strategies, and the development of energy and resource efficiency measures to reduce environmental impact and future-proof assets. Having certified over $300 billion of real estate assets under management, Longevity is a global leader in delivering BREEAM In-use certificates, the global science-based reference for green building certifications.
Longevity Partners will leverage the operational expertise and distinctive global networks of both Nuveen and Leon Capital to continue its mission of creating sustainable value through decarbonisation and innovation in the real estate and infrastructure markets.
Etienne Cadestin, Founder and CEO at Longevity Partners, said:
“Joining forces with Leon Capital and Nuveen Private Equity Impact teams is a game changer and marks an important milestone for Longevity. This investment provides us with substantial resources, strategic support and firepower to further accelerate our growth and pursue transformative opportunities. With this partnership, we are better positioned to scale our operations globally and expand our impact in driving the transition to net zero across the real estate and infrastructure sectors. I’d also like to express my deepest gratitude to Long Harbour Group, for their unwavering support since our inception, who have sold their entire stake in Longevity through this transaction.”
Radhika Shroff, Managing Director, Private Equity Impact at Nuveen, said:
“With buildings responsible for 40% of global total carbon emissions, we believe our investment in Longevity Partners is true to our objective to tackle the issues at the heart of the global climate crisis. By investing in a robust, science-based evaluation company, we hope to accelerate the decarbonisation of real estate markets around the world.”
Jean-Christophe Napoleon Bonaparte and Christos Lavidas, Managing Partners, and Michael Youtsos, Partner, at Leon Capital, said:
“We are proud to be partnering with Longevity Partners and Nuveen to support a leading player in the real estate sustainability space. Longevity’s expertise is instrumental in redefining how the built environment responds to the climate challenge, and we believe this collaboration will significantly enhance its ability to lead the industry forward “
ENDS
About Longevity Partners
Longevity Partners is an award-winning global sustainability consultancy dedicated to helping businesses transition to a low-carbon economy. Offering a full suite of strategic advisory services, compliance support, and digital solutions, Longevity supports its clients in achieving sustainable, resilient business models across real estate and infrastructure. Longevity Partners was founded in 2015 by Etienne Cadestin and today is made up of over 150 sustainability experts working from London, Paris, Amsterdam, Munich, Milan, Austin, Seattle and Tokyo.
For more information visit www.longevity-partners.com
About Nuveen
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.2 trillion in assets under management as of 30 June 2024 and operations in 27 countries.
Nuveen’s Private Equity Impact team takes an active role in driving financial, social and environmental results by leveraging board seats and shareholder positions in the companies in which it invests. The team has developed a proven approach to impact management, engaging companies to ensure they integrate climate considerations.
For more information visit www.nuveen.com
About Leon Capital
Leon Capital LLP is a private equity investment firm, based in London, and investing in leading mid-market European tech-enabled services companies. Leon Capital partners with ambitious teams to enable transformational change and build regional or international champions. With a long-term view, a family partnership mindset, and an active management model, they deliver sustainable impact for all stakeholders. The Leon Capital team has successfully completed or been involved in over 45 transactions, representing €6 billion in equity invested, and direct operational experience across 20 portfolio companies.
For more information visit www.leon-capital.com