Terra Firma portfolio company Four Seasons Health Care has narrowly avoided missing an interest payment after its major creditor H/2 Capital Partners agreed to a standstill agreement in relation to its upcoming interest payment.
Deal comes nearly two years after Finnish GP Taaleri Private Equity Funds acquired the company
GP sold a 51% stake in the Munich-listed IT service provider to market peer Audius in 2019
Gaming startup has so far raised nearly €10m from two funding rounds
GP is investing from Essling Expansion Fund, a vehicle dedicated to the French lower-mid-market