
Main Mezzanine backs DMP
Main Mezzanine Capital has provided financing to back the MBO of Data Management Professionals (DMP) alongside ING Bank.
Main provided a mezzanine loan as well as taking a minority stake in the business alongside management, while ING arranged the senior debt.
The company has revenues between €10-20m and a profit margin of around 25%, according to a source close to the situation.
The GP plans to double the company's revenues in the next five years and sell to either a strategic or financial investor, according to the source.
Company
DMP provides back-up and cloud-based data storage services to large corporates and institutions. It has around 200 clients in more than 50 countries and employs 50 people. The company offers a pay-per-use subscription model which it says will shift how companies view data management investments from capital expenditure to operational costs.
People
Main Mezzanine Capital – Lars van't Hoenderdaal (managing partner).
Data Management Professionals – Henny van de Riet (CEO).
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