Close Growth Capital (CGC) has supported the £32m secondary management buyout of A-Gas International from 3i. CGC provided hybrid equity and debt financing for the deal. Senior debt and working capital facilities were provided by Barclays Bank. Bristol-based A-Gas is a global distributor of speciality gases and chemicals to the refrigeration and insulation foam industries.
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
Fund expects to hit its target in the first quarter of 2020 and has already made six investments
Soprome and BTC Capital also back the takeover of the security services company
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