Specialist provider of credit solutions
Specialist provider of credit solutions

Newsroom

In December 2017, Kufner Group was acquired by Austrian private investors, resulting in the exit of Kartesia’s Unitranche investment. We look back at the story behind a successful deal that almost never happened.

Kufner Group, a leader in textile interlinings since 1862

Fri 13 April 2018 by tina | Tags: exit, Kufner Group

Kartesia is pleased to announce that the investment of the KCO III fund into the B Notes of the CLO vehicle AVOCA XIV have been fully repaid at par.

Sun 31 December 2017 by tina | Tags: AVOCA IV, KCOIII, exit, CLO

Kartesia is pleased to announce that the investment of the KCO III into the unitranche debt issued by Kufner was repaid at par following the exit of the Company by VMS. Kufner, founded in 1862 and headquartered in Munich, is a global manufacturer of technical textiles with a particular focus on interlinings used in apparel applications as well as in other technical textile segments, e.g. automotive seating.

Fri 15 December 2017 by tina | Tags: Kufner, KCOIII, exit, primary deal, Germany

Kartesia is pleased to announce that the investment of Altercap I and Altercap II funds into the senior and mezz debt issued by EDS was repaid at par following the sale of the Company to DPE. Euro-Druckservice GmbH (EDS), headquartered in Germany, is the leading provider of retail marketing communications solutions (around printed leaflets) in the CEE region. With more than 1500 FTEs across 8 sites in 5 countries, EDS has an unmatched footprint in the region and is able to serve its large and diversified blue-chip customer base (international retailers) locally.

Wed 15 November 2017 by tina | Tags: EDS, Altercap, exit, secondary deal, Germany

Kartesia announced today that its two funds KCO III and KCO IV invested the subordinated notes of Oak Hill European Credit Partners VI as a meaningful minority investor. Oak Hill European Credit Partners is originally a US manager set up in 1991 focused on credit instruments, which currently manages over 30 bn$ of assets of which 13 bn$ in the performing loan space. More specifically, they raised a total of 26 CLO since inception of which 5 were issued in Europe (including 3 “2.0” CLOs).

Tue 14 November 2017 by tina | Tags: Oakhill, CLO, KCO III, KCOIV, new deal

Kartesia has enjoyed a milestone year in 2017. On the fundraising side, we closed Kartesia Credit Opportunities IV, a 862 million fund that continues Kartesia’s strategy of investing in primary and secondary debt and CLO transactions for small and middle market companies in Europe. We are delighted to welcome new world-renowned investors from the USA, Europe and Israel, and we are equally pleased by the renewed faith shown by our KCO III investors.

Fri 27 October 2017 by tina | Tags: KCO III, KCO IV

Foraco, a leading global mineral drilling services company facing the challenges of industry-wide overcapacity

Foraco International is a leading global mineral drilling services company that provides a comprehensive and reliable service offering in mining and water projects. Supported by its founding values of integrity, innovation and involvement, Foraco has grown into the world’s third-largest global drilling firm, with a presence in 22 countries across five continents.

Fri 27 October 2017 by tina | Tags: Foraco, KCO IV

In July 2017, KCI IV embarked on one of its largest investments to date, providing over $50 million in refinancing for the Fine Sounds Group.

A world-renowned maker of high-end audio equipment

Fri 27 October 2017 by tina | Tags: Fine Sounds, McIntosh Group, KCO IV