Refinancing
Podcast: The PE auction in times of exit scarcity
Rachel Lewis joins Harriet Matthews to discuss how auction process dynamics are changing against the current market backdrop
Alcentra takes keys to three PE-backed companies this year
Under Benefit Street Partners' ownership the alternative lender took over Lifetime, Optionis and Equiom
Gyrus Capital's Essential Pharma refinances, inks two deals
In parallel with the refinancing, Essential Pharma completed two M&A deals in December
Searchlight invests in Celestyal Cruises
Searchlight is investing in the cruise operator via its Searchlight Opportunities Fund
Carlyle backs European strategies with ESG facility
Credit facility is linked to targets such as board diversity and greenhouse gas emissions monitoring
LBO France's Groupe RG completes impact refinancing
Reinancing for the PPE distributor includes ESG criteria that will affect the debt repayment
Oaktree provides €275m in financing to Inter Milan
Following the deal, Suning and LionRock pledge their stakes in the company as collateral
Investec provides ESG-linked NAV facility for Bluewater
Facility is related to the portfolio of Bluewater Energy Fund I, which closed in 2013 on $861m
Searchlight's Survitec completes refinancing
Ares' £270m package will be used in part to finance the add-on of IK's Hansen Protection
Palamon, Corsair in £165m dividend recap for Currencies Direct
GPs reportedly mandated William Blair in December 2020 to explore strategic options
Tikehau to become majority shareholder in Cruiseline
Following the deal, Montefiore retains a minority stake and a seat on the company's board
SVP's Klöckner Pentaplast completes €1.9bn refinancing
Strategic Value Partners bought the recycled products and packaging company from Blackstone in 2012
Idinvest backs refinancing of Quadriga's Kinetics
Quadriga acquired Kinetics in August 2011 - unitranche will in part to finance growth projects
Apse-backed Kallidus acquires Sapling
This is Kallidus's second acquisition following the purchase of Engage in Learning in March 2020
Triton announces merger of AVS, Chevron, Fero and Ramudden
Merger of Triton's four traffic services portfolio companies follows a refi earlier in December
Gyrus completes recap for DuPont Sustainable Solutions
First realisation since the GP's establishment in 2018 sees a 60% return on invested capital for investors
Kartesia in €32m refinancing for Enterprise-backed Nu-Med
Enterprise Investors acquired a minority stake in the oncology company in 2013
Nordic Capital's Nordnet completes listing
IPO gives the company a market cap of SEK 24bn, compared with SEK 6.6bn at its take-private in 2017
CVC provides £37.5m financing for Sovereign-backed Nurse Plus
Sovereign Capital purchased Nurse Plus from previous sponsor Key Capital Partners in 2015
LBO France buys majority stake in Prenax
Andera has reinvested and Prenax has acquired LM Information's subscription management business
Investindustrial-backed Benvic completes €117.5m refinancing
Benvic has completed seven add-on acquisitions during Investindustrial's holding period
Borromin’s ProFagus completes refinancing
Charcoal and natural additives company saw final bids from two banks and one direct lender
Rileys hires FRP to assist with rescue plan
Rileys CEO Craig Mayes confirmed the appointment of FRP to examine options going forward
Kartesia backs £26m refinancing for BGF-backed Clearway
Debt has been invested from Kartesia Senior Opportunities I, marking the fund’s first UK investment
