
Capzanine backs Magix
Private debt fund Capzanine has provided a unitranche facility to Berlin-based video and music editing software company Magix.
It is the firm's first investment in Germany since it opened an office in Munich in September last year, with a view to expanding its business in the region.
Capzanine drew capital from its fourth private debt fund, a vehicle targeting €800m that held a first close on €750m in April this year.
The Paris-headquartered investor provides a range of financing packages to small and medium-sized companies across Europe. It invests as a majority or minority shareholder, as well as providing private debt financing.
Magix provides software for editing video, music, photos, graphics and websites. The business was founded in 1993 and is headquartered in Berlin. It employs 243 people from its offices in Germany, the US, Canada, the UK and the Netherlands, and has 15 million users worldwide.
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