Graphite Capital has backed the £22m acquisition of Global Gas Supplies by Dominion Gas, an independent supplier of industrial gases to the offshore industry. Graphite supported the £30m BIMBO of Dominion in June 2007. Funding for the latest deal includes equity from Graphite and debt facilities from RBS Structured Finance. The acquisition significantly increases the group’s international coverage as a result of Global’s strong presence in Azerbaijan, Singapore and West Africa. The merger increases the group’s global workforce from 52 to 70.
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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