Invited by the law firm Luther to speak at Munich M&A Forum, Markus Geiger and Thomas Pöhler presented Kartesia’s latest primary transactions. Sausalitos, Kufner and SWATYCOMET were showcased to an audience of private equity advisors and corporate and M&A bankers from the Munich area.
A few weeks ago KCO III arranged and purchased a €15M unitranche bond to finance the recapitalisation of Kufner Group, a German portfolio company of Austria-based private equity house Value Management Services (VMS). Kartesia’s Investment Manager Thomas Pöhler and Director Debt Advisory Daniel Gebler from DC Advisory tell us about the deal and current recapitalisation strategies.
TRANSACTION N°1 – HMY
In September 2013, shortly after its creation, Kartesia approved an investment in HMY’s LBO senior debt. With total sales of over 400€ million in 2013, this company headquartered in France is amongst the leaders in shelving equipment, checkout counters and point-of-purchase material. HMY provides its clients with worldwide services ranging from, conception and design, to in-store installation.