Tragus Group Holdings Ltd, a company backed by Legal & General Ventures, has undergone a £138m debt refinancing, consisting of senior and mezzanine facilities provided by Barclays Bank Plc. The transaction has enabled Tragus to repay £45m of existing senior debt and £43m of subordinated debt, mainly in the form of mezzanine finance and preference shares.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater