Refinancing - Deals - Unquote Refinancing - Deals Unquote Private Equity 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 https://www.unquote.com/IMG/980/21980/unquote-podcast-logo-rgb-185x114.png https://www.unquote.com/unquote/analysis/3028538/podcast-the-pe-auction-in-times-of-exit-scarcity https://www.unquote.com/unquote/analysis/3028538/podcast-the-pe-auction-in-times-of-exit-scarcity https://www.unquote.com/unquote/analysis/3028538/podcast-the-pe-auction-in-times-of-exit-scarcity Mon, 23 Jan 2023 10:11:00 +0000 Alcentra takes keys to three PE-backed companies this year Under Benefit Street Partners' ownership the alternative lender took over Lifetime, Optionis and Equiom https://www.unquote.com/IMG/354/21354/banks-and-money-web-185x114.jpeg https://www.unquote.com/uk/news/3028403/alcentra-takes-keys-to-three-pe-backed-companies-this-year https://www.unquote.com/uk/news/3028403/alcentra-takes-keys-to-three-pe-backed-companies-this-year https://www.unquote.com/uk/news/3028403/alcentra-takes-keys-to-three-pe-backed-companies-this-year Fri, 16 Dec 2022 11:22:36 +0000 Gyrus Capital's Essential Pharma refinances, inks two deals In parallel with the refinancing, Essential Pharma completed two M&A deals in December https://www.unquote.com/IMG/561/23561/pills-macro-web-185x114.jpeg https://www.unquote.com/uk/news/3025815/gyrus-capitals-essential-pharma-refinances-inks-two-deals https://www.unquote.com/uk/news/3025815/gyrus-capitals-essential-pharma-refinances-inks-two-deals https://www.unquote.com/uk/news/3025815/gyrus-capitals-essential-pharma-refinances-inks-two-deals Wed, 22 Dec 2021 12:14:23 +0000 Searchlight invests in Celestyal Cruises Searchlight is investing in the cruise operator via its Searchlight Opportunities Fund https://www.unquote.com/IMG/093/16093/cruise-cocktail-web-185x114.jpeg https://www.unquote.com/southern-europe/official-record/3025604/searchlight-invests-in-celestyal-cruises https://www.unquote.com/southern-europe/official-record/3025604/searchlight-invests-in-celestyal-cruises https://www.unquote.com/southern-europe/official-record/3025604/searchlight-invests-in-celestyal-cruises Mon, 29 Nov 2021 13:01:45 +0000 Carlyle backs European strategies with ESG facility Credit facility is linked to targets such as board diversity and greenhouse gas emissions monitoring https://www.unquote.com/IMG/479/15479/euros-coins-and-cash-fundraise-web-185x114.jpeg https://www.unquote.com/unquote/official-record/3024921/carlyle-backs-european-strategies-with-esg-facility https://www.unquote.com/unquote/official-record/3024921/carlyle-backs-european-strategies-with-esg-facility https://www.unquote.com/unquote/official-record/3024921/carlyle-backs-european-strategies-with-esg-facility Tue, 07 Sep 2021 12:25:05 +0100 LBO France's Groupe RG completes impact refinancing Reinancing for the PPE distributor includes ESG criteria that will affect the debt repayment https://www.unquote.com/IMG/037/24037/coronavirus-italy-web-185x114.jpeg https://www.unquote.com/france/official-record/3024424/lbo-frances-groupe-rg-completes-impact-refinancing https://www.unquote.com/france/official-record/3024424/lbo-frances-groupe-rg-completes-impact-refinancing https://www.unquote.com/france/official-record/3024424/lbo-frances-groupe-rg-completes-impact-refinancing Wed, 07 Jul 2021 12:44:27 +0100 Oaktree provides €275m in financing to Inter Milan Following the deal, Suning and LionRock pledge their stakes in the company as collateral https://www.unquote.com/IMG/788/22788/genoa-football-club-inter-milan-web-185x114.jpeg https://www.unquote.com/southern-europe/news/3023938/oaktree-provides-eur275m-in-financing-to-inter-milan https://www.unquote.com/southern-europe/news/3023938/oaktree-provides-eur275m-in-financing-to-inter-milan https://www.unquote.com/southern-europe/news/3023938/oaktree-provides-eur275m-in-financing-to-inter-milan Fri, 21 May 2021 12:37:03 +0100 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 https://www.unquote.com/IMG/386/17386/green-handshake-185x114.jpeg https://www.unquote.com/uk/news/3023797/investec-provides-esg-linked-nav-facility-for-bluewater https://www.unquote.com/uk/news/3023797/investec-provides-esg-linked-nav-facility-for-bluewater https://www.unquote.com/uk/news/3023797/investec-provides-esg-linked-nav-facility-for-bluewater Mon, 10 May 2021 11:43:35 +0100 Searchlight's Survitec completes refinancing Ares' £270m package will be used in part to finance the add-on of IK's Hansen Protection https://www.unquote.com/IMG/253/16253/lifeboat-web-185x114.jpeg https://www.unquote.com/uk/official-record/3023502/searchlights-survitec-completes-refinancing https://www.unquote.com/uk/official-record/3023502/searchlights-survitec-completes-refinancing https://www.unquote.com/uk/official-record/3023502/searchlights-survitec-completes-refinancing Mon, 12 Apr 2021 12:12:00 +0100 Palamon, Corsair in £165m dividend recap for Currencies Direct GPs reportedly mandated William Blair in December 2020 to explore strategic options https://www.unquote.com/IMG/797/12797/currency-exchange-web-185x114.jpeg https://www.unquote.com/uk/official-record/3023273/palamon-corsair-in-gbp165m-dividend-recap-for-currencies-direct https://www.unquote.com/uk/official-record/3023273/palamon-corsair-in-gbp165m-dividend-recap-for-currencies-direct https://www.unquote.com/uk/official-record/3023273/palamon-corsair-in-gbp165m-dividend-recap-for-currencies-direct Thu, 18 Mar 2021 12:01:00 +0000 Tikehau to become majority shareholder in Cruiseline Following the deal, Montefiore retains a minority stake and a seat on the company's board https://www.unquote.com/IMG/639/20639/cruise-ships-web-185x114.jpeg https://www.unquote.com/france/official-record/3023061/tikehau-to-become-majority-shareholder-in-cruiseline https://www.unquote.com/france/official-record/3023061/tikehau-to-become-majority-shareholder-in-cruiseline https://www.unquote.com/france/official-record/3023061/tikehau-to-become-majority-shareholder-in-cruiseline Tue, 02 Mar 2021 12:34:45 +0000 SVP's Klöckner Pentaplast completes €1.9bn refinancing Strategic Value Partners bought the recycled products and packaging company from Blackstone in 2012 https://www.unquote.com/IMG/719/23719/food-packaging-factory-line-web-185x114.jpeg https://www.unquote.com/dach/official-record/3022927/svps-kl-ckner-pentaplast-completes-eur19bn-refinancing https://www.unquote.com/dach/official-record/3022927/svps-kl-ckner-pentaplast-completes-eur19bn-refinancing https://www.unquote.com/dach/official-record/3022927/svps-kl-ckner-pentaplast-completes-eur19bn-refinancing Thu, 18 Feb 2021 12:40:45 +0000 Idinvest backs refinancing of Quadriga's Kinetics Quadriga acquired Kinetics in August 2011 - unitranche will in part to finance growth projects https://www.unquote.com/IMG/083/17083/clean-room-factory-web-185x114.jpeg https://www.unquote.com/dach/official-record/3022454/idinvest-backs-refinancing-of-quadrigas-kinetics https://www.unquote.com/dach/official-record/3022454/idinvest-backs-refinancing-of-quadrigas-kinetics https://www.unquote.com/dach/official-record/3022454/idinvest-backs-refinancing-of-quadrigas-kinetics Thu, 14 Jan 2021 12:39:42 +0000 Apse-backed Kallidus acquires Sapling This is Kallidus's second acquisition following the purchase of Engage in Learning in March 2020 https://www.unquote.com/IMG/307/19307/job-interview-recruitment-web-185x114.jpeg https://www.unquote.com/uk/official-record/3022318/apse-backed-kallidus-acquires-sapling https://www.unquote.com/uk/official-record/3022318/apse-backed-kallidus-acquires-sapling https://www.unquote.com/uk/official-record/3022318/apse-backed-kallidus-acquires-sapling Tue, 05 Jan 2021 12:15:00 +0000 Triton announces merger of AVS, Chevron, Fero and Ramudden Merger of Triton's four traffic services portfolio companies follows a refi earlier in December https://www.unquote.com/IMG/017/20017/traffic-lights-go-web-185x114.jpeg https://www.unquote.com/dach/official-record/3022251/triton-announces-merger-of-avs-chevron-fero-and-ramudden https://www.unquote.com/dach/official-record/3022251/triton-announces-merger-of-avs-chevron-fero-and-ramudden https://www.unquote.com/dach/official-record/3022251/triton-announces-merger-of-avs-chevron-fero-and-ramudden Fri, 18 Dec 2020 12:08:08 +0000 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 https://www.unquote.com/IMG/386/17386/green-handshake-185x114.jpeg https://www.unquote.com/dach/official-record/3022202/gyrus-completes-recap-for-dupont-sustainable-solutions https://www.unquote.com/dach/official-record/3022202/gyrus-completes-recap-for-dupont-sustainable-solutions https://www.unquote.com/dach/official-record/3022202/gyrus-completes-recap-for-dupont-sustainable-solutions Wed, 16 Dec 2020 11:23:58 +0000 Kartesia in €32m refinancing for Enterprise-backed Nu-Med Enterprise Investors acquired a minority stake in the oncology company in 2013 https://www.unquote.com/IMG/299/19299/tumour-web-185x114.jpeg https://www.unquote.com/uk/official-record/3021957/kartesia-in-eur32m-refinancing-for-enterprise-backed-nu-med https://www.unquote.com/uk/official-record/3021957/kartesia-in-eur32m-refinancing-for-enterprise-backed-nu-med https://www.unquote.com/uk/official-record/3021957/kartesia-in-eur32m-refinancing-for-enterprise-backed-nu-med Fri, 27 Nov 2020 12:03:32 +0000 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 https://www.unquote.com/IMG/471/19471/bank-building-web-185x114.jpeg https://www.unquote.com/nordics/official-record/3021931/nordic-capitals-nordnet-completes-listing https://www.unquote.com/nordics/official-record/3021931/nordic-capitals-nordnet-completes-listing https://www.unquote.com/nordics/official-record/3021931/nordic-capitals-nordnet-completes-listing Wed, 25 Nov 2020 12:25:35 +0000 CVC provides £37.5m financing for Sovereign-backed Nurse Plus Sovereign Capital purchased Nurse Plus from previous sponsor Key Capital Partners in 2015 https://www.unquote.com/IMG/060/18060/nurse-web-185x114.jpeg https://www.unquote.com/uk/official-record/3021882/cvc-provides-gbp375m-financing-for-sovereign-backed-nurse-plus https://www.unquote.com/uk/official-record/3021882/cvc-provides-gbp375m-financing-for-sovereign-backed-nurse-plus https://www.unquote.com/uk/official-record/3021882/cvc-provides-gbp375m-financing-for-sovereign-backed-nurse-plus Fri, 20 Nov 2020 12:04:29 +0000 LBO France buys majority stake in Prenax Andera has reinvested and Prenax has acquired LM Information's subscription management business https://www.unquote.com/IMG/922/22922/computer-office-messaging-web-185x114.jpeg https://www.unquote.com/france/official-record/3021615/lbo-france-buys-majority-stake-in-prenax https://www.unquote.com/france/official-record/3021615/lbo-france-buys-majority-stake-in-prenax https://www.unquote.com/france/official-record/3021615/lbo-france-buys-majority-stake-in-prenax Fri, 30 Oct 2020 12:25:15 +0000 Investindustrial-backed Benvic completes €117.5m refinancing Benvic has completed seven add-on acquisitions during Investindustrial's holding period https://www.unquote.com/IMG/560/19560/plastic-corrugated-web-185x114.jpeg https://www.unquote.com/france/official-record/3021357/investindustrial-backed-benvic-completes-eur1175m-refinancing https://www.unquote.com/france/official-record/3021357/investindustrial-backed-benvic-completes-eur1175m-refinancing https://www.unquote.com/france/official-record/3021357/investindustrial-backed-benvic-completes-eur1175m-refinancing Mon, 12 Oct 2020 11:55:09 +0100 Borromin’s ProFagus completes refinancing Charcoal and natural additives company saw final bids from two banks and one direct lender https://www.unquote.com/IMG/581/24581/charcoal-burning-185x114.jpeg https://www.unquote.com/dach/official-record/3020190/borromin-s-profagus-completes-refinancing https://www.unquote.com/dach/official-record/3020190/borromin-s-profagus-completes-refinancing https://www.unquote.com/dach/official-record/3020190/borromin-s-profagus-completes-refinancing Fri, 10 Jul 2020 12:43:25 +0100 Rileys hires FRP to assist with rescue plan Rileys CEO Craig Mayes confirmed the appointment of FRP to examine options going forward https://www.unquote.com/IMG/421/18421/beer-pump-web-185x114.jpeg https://www.unquote.com/uk/news/3020106/rileys-hires-frp-to-assist-with-rescue-plan https://www.unquote.com/uk/news/3020106/rileys-hires-frp-to-assist-with-rescue-plan https://www.unquote.com/uk/news/3020106/rileys-hires-frp-to-assist-with-rescue-plan Mon, 06 Jul 2020 11:35:26 +0100 Kartesia backs £26m refinancing for BGF-backed Clearway Debt has been invested from Kartesia Senior Opportunities I, marking the fund’s first UK investment https://www.unquote.com/IMG/478/15478/business-loan-web-185x114.jpeg https://www.unquote.com/uk/official-record/3020026/kartesia-backs-gbp26m-refinancing-for-bgf-backed-clearway https://www.unquote.com/uk/official-record/3020026/kartesia-backs-gbp26m-refinancing-for-bgf-backed-clearway https://www.unquote.com/uk/official-record/3020026/kartesia-backs-gbp26m-refinancing-for-bgf-backed-clearway Tue, 30 Jun 2020 11:52:29 +0100 Goldman Sachs and THCP invest £16.5m in Hunter Boots Wellingtons manufacturer mandated AlixPartners to sell a stake in the business in March 2020 https://www.unquote.com/IMG/387/24387/hunter-boots-web-185x114.jpeg https://www.unquote.com/uk/official-record/3019605/goldman-sachs-and-thcp-invest-gbp165m-in-hunter-boots https://www.unquote.com/uk/official-record/3019605/goldman-sachs-and-thcp-invest-gbp165m-in-hunter-boots https://www.unquote.com/uk/official-record/3019605/goldman-sachs-and-thcp-invest-gbp165m-in-hunter-boots Tue, 02 Jun 2020 12:02:23 +0100 Towerbrook to inject €100m in BC-backed CarTrawler in debt-for-equity swap CarTrawler has €120m of its TLB and €25m of revolving credit facility debt outstanding https://www.unquote.com/IMG/836/21836/car-secondhand-driver-web-185x114.jpeg https://www.unquote.com/uk/news/3019287/towerbrook-to-inject-eur100m-in-bc-backed-cartrawler-in-debt-for-equity-swap https://www.unquote.com/uk/news/3019287/towerbrook-to-inject-eur100m-in-bc-backed-cartrawler-in-debt-for-equity-swap https://www.unquote.com/uk/news/3019287/towerbrook-to-inject-eur100m-in-bc-backed-cartrawler-in-debt-for-equity-swap Thu, 07 May 2020 11:25:00 +0100 Dunedin's FRA secures £100m refinancing FRA recently opened offices in the Nordic region, as well as in New York, Dallas and Philadelphia https://www.unquote.com/IMG/290/19290/wealth-manager-web-185x114.jpeg https://www.unquote.com/uk/official-record/3018578/dunedins-fra-secures-gbp100m-refinancing https://www.unquote.com/uk/official-record/3018578/dunedins-fra-secures-gbp100m-refinancing https://www.unquote.com/uk/official-record/3018578/dunedins-fra-secures-gbp100m-refinancing Tue, 10 Mar 2020 12:01:11 +0000 3i nets £102m from Audley Travel, Hans Anders dividends 3i receives proceeds of £67m from Audley Travel, while Hans Anders generates a €42m windfall https://www.unquote.com/IMG/440/20440/pound-notes-loan-web-185x114.jpeg https://www.unquote.com/unquote/news/3017655/3i-nets-gbp102m-from-audley-travel-hans-anders-dividends https://www.unquote.com/unquote/news/3017655/3i-nets-gbp102m-from-audley-travel-hans-anders-dividends https://www.unquote.com/unquote/news/3017655/3i-nets-gbp102m-from-audley-travel-hans-anders-dividends Mon, 16 Dec 2019 11:18:34 +0000 Vance recapitalises Eirtech Neuberger Berman has provided debt and an equity co-investment for aviation services firm Eirtech https://www.unquote.com/IMG/782/11782/plane-cargo-web-185x114.jpeg https://www.unquote.com/uk/official-record/3016986/vance-recapitalises-eirtech https://www.unquote.com/uk/official-record/3016986/vance-recapitalises-eirtech https://www.unquote.com/uk/official-record/3016986/vance-recapitalises-eirtech Fri, 25 Oct 2019 11:07:48 +0100 Latour Capital's Syclef secures refinancing Latour acquired a controlling stake in the refrigeration systems provider in 2015 https://www.unquote.com/IMG/040/19040/shutterstock-609094430-185x114.jpeg https://www.unquote.com/france/official-record/3016838/latour-capitals-syclef-secures-refinancing https://www.unquote.com/france/official-record/3016838/latour-capitals-syclef-secures-refinancing https://www.unquote.com/france/official-record/3016838/latour-capitals-syclef-secures-refinancing Tue, 15 Oct 2019 11:27:14 +0100 Phoenix-backed Just Childcare secures £50m financing package Ares Management and the Royal Bank of Scotland will provide the financing package https://www.unquote.com/IMG/495/20495/kids-planet-185x114.jpeg https://www.unquote.com/uk/news/3016646/phoenix-backed-just-childcare-secures-gbp50m-financing-package https://www.unquote.com/uk/news/3016646/phoenix-backed-just-childcare-secures-gbp50m-financing-package https://www.unquote.com/uk/news/3016646/phoenix-backed-just-childcare-secures-gbp50m-financing-package Mon, 30 Sep 2019 11:05:00 +0100 Palatine-backed Vernacare refinances Palatine-backed medical equipment manufacturer Vernacare refinances its debt facilities https://www.unquote.com/IMG/273/23273/hospital-wipes-web-185x114.jpeg https://www.unquote.com/uk/official-record/3016529/palatine-backed-vernacare-refinances https://www.unquote.com/uk/official-record/3016529/palatine-backed-vernacare-refinances https://www.unquote.com/uk/official-record/3016529/palatine-backed-vernacare-refinances Thu, 19 Sep 2019 10:42:56 +0100 Cartesian's Arlington Industries secures £95m refinancing Deal will enable the automotive and aerospace components firm to bolt on Wahler https://www.unquote.com/IMG/205/20205/car-parts-spark-plugs-web-185x114.jpeg https://www.unquote.com/uk/official-record/3014641/cartesians-arlington-industries-secures-gbp95m-refinancing https://www.unquote.com/uk/official-record/3014641/cartesians-arlington-industries-secures-gbp95m-refinancing https://www.unquote.com/uk/official-record/3014641/cartesians-arlington-industries-secures-gbp95m-refinancing Wed, 17 Apr 2019 11:37:52 +0100 Towerbrook's ICS secures refinancing package Transaction comes almost five years after the GP acquired the business in an SBO from Blackstone https://www.unquote.com/IMG/287/16287/hospital-bed-2-web-185x114.jpeg https://www.unquote.com/uk/official-record/3014036/towerbrooks-ics-secures-refinancing-package https://www.unquote.com/uk/official-record/3014036/towerbrooks-ics-secures-refinancing-package https://www.unquote.com/uk/official-record/3014036/towerbrooks-ics-secures-refinancing-package Thu, 07 Mar 2019 11:03:00 +0000 Endless's Antler secures £8m refinancing Development comes 19 months after the GP acquired the luggage manufacturer from LDC https://www.unquote.com/IMG/829/18829/luggage-web-185x114.jpeg https://www.unquote.com/uk/official-record/3013930/endlesss-antler-secures-gbp8m-refinancing https://www.unquote.com/uk/official-record/3013930/endlesss-antler-secures-gbp8m-refinancing https://www.unquote.com/uk/official-record/3013930/endlesss-antler-secures-gbp8m-refinancing Thu, 28 Feb 2019 10:28:29 +0000 Ares refinances PE-backed Daisy with £1bn Deal will enable the telecommunications company's founder to buy out minority investors https://www.unquote.com/IMG/425/14425/fibre-optic-web-185x114.jpeg https://www.unquote.com/uk/official-record/3013896/ares-refinances-pe-backed-daisy-with-gbp1bn https://www.unquote.com/uk/official-record/3013896/ares-refinances-pe-backed-daisy-with-gbp1bn https://www.unquote.com/uk/official-record/3013896/ares-refinances-pe-backed-daisy-with-gbp1bn Tue, 26 Feb 2019 11:54:28 +0000 Hg refinances A-Plan for second time in 19 months GP previously secured a £170m refinancing package for the insurance brokerage in June 2017 https://www.unquote.com/IMG/853/19853/insurance-hands-web-185x114.jpeg https://www.unquote.com/uk/official-record/3013539/hg-refinances-a-plan-for-second-time-in-19-months https://www.unquote.com/uk/official-record/3013539/hg-refinances-a-plan-for-second-time-in-19-months https://www.unquote.com/uk/official-record/3013539/hg-refinances-a-plan-for-second-time-in-19-months Wed, 30 Jan 2019 10:56:56 +0000 3i reaps £52m from Aspen Pumps refinancing Sum returned from the pump manufacturer equates to 0.8x 3i's initial investment in the business https://www.unquote.com/IMG/851/18851/air-duct-185x114.jpeg https://www.unquote.com/uk/official-record/3012992/3i-reaps-gbp52m-from-aspen-pumps-refinancing https://www.unquote.com/uk/official-record/3012992/3i-reaps-gbp52m-from-aspen-pumps-refinancing https://www.unquote.com/uk/official-record/3012992/3i-reaps-gbp52m-from-aspen-pumps-refinancing Wed, 12 Dec 2018 11:20:42 +0000 IK-backed Colisée bolts on STS Grup Colisée raised a new term loan of €120m in order to increase its financial capabilities https://www.unquote.com/IMG/982/17982/elderly-healthcare-web-185x114.jpeg https://www.unquote.com/southern-europe/official-record/3011730/ik-backed-colisee-bolts-on-sts-grup https://www.unquote.com/southern-europe/official-record/3011730/ik-backed-colisee-bolts-on-sts-grup https://www.unquote.com/southern-europe/official-record/3011730/ik-backed-colisee-bolts-on-sts-grup Thu, 13 Sep 2018 11:48:03 +0100