Peter Brooke (businessman)

Peter Albert Brooke (October 6, 1929 – April 1, 2020) was an American businessman, in private equity. Brooke founded TA Associates in 1968, and Advent International in 1984.

Peter Brooke
Born(1929-10-06)October 6, 1929
Worcester, Massachusetts, US
DiedApril 1, 2020(2020-04-01) (aged 90)
Concord, Massachusetts, US
EducationHarvard University (BA, MBA)
OccupationBusinessman
Known forFounder of TA Associates, Advent International and Seavi Advent
Spouse
Anne Russell
(m. 1954; died 2016)
Children3 sons

Early life

Brooke was born on October 6, 1929, in Worcester, Massachusetts, US, the only child of Percy Albert Brooke, a doctor born in England, and a nurse mother of Swedish ancestry.[1][2]

Brooke was educated at Phillips Exeter Academy and Harvard College.[3] He earned an MBA from Harvard Business School in 1954.[3]

Career

In 1984, he founded Advent International, which has been called the first global private equity firm.[3]

In 1984, he also founded SEAVI Advent, the first private equity firm in South East Asia.[4]

Brooke retired as CEO of Advent in 1996.[3] He is the co-founder (with his son, John Brooke) of Brooke Private Equity Associates (BPEA).[5][2]

Personal life

Brooke married Anne Russell in 1954, and they had three sons. Sam, Peter, and John. Sam is an architect, Peter is an artist, and John works in private equity.[2] Anne died on October 13, 2016, from heart disease.[6][7] Brooke lived in Concord, Boston and North Pomfret, Vermont.[6] He died in Concord on April 1, 2020, at the age of 90.[8]

References

  1. Staff, Bryan Marquard Globe. "Peter A. Brooke, dean of Boston's venture capitalists, dies at 90 - The Boston Globe". BostonGlobe.com. Retrieved March 18, 2022.
  2. Kolker, Carole (2010). "Oral History interview with Peter A. Brooke" (PDF). NVCA Oral History Collection. Retrieved November 7, 2019.
  3. Aisner, James E. (May 9, 2000). "Alumni Achievement Awards 2000: Peter A. Brooke". Harvard Business School. Retrieved November 7, 2019.
  4. "About Us | SEAVI ADVENT". seavi.com.sg. Retrieved October 8, 2020.
  5. "Peter Brooke: Co-Founder". Brooke Private Equity Associates.
  6. "Anne Brooke, Former FOPG Chair, Succumbs to Illness". The Boston Sun. October 21, 2016. Retrieved November 7, 2019.
  7. "Anne Brooke, 84; philanthropist helped transform Boston, Concord - The Boston Globe". BostonGlobe.com. Retrieved March 31, 2020.
  8. "Peter Brooke Obituary". concordfuneral.tributes.com. Retrieved April 10, 2020.
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