Kartesia supports Flywheel Partners in the acquisition of ES Global
Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, is pleased to announce that it has provided a financing solution for independent long-term equity investor Flywheel Partners for its investment in London-headquartered events infrastructure firm ES Global.
ES Global is an award-winning specialist in demountable overlay and infrastructure solutions. From artists’ world tours to opening ceremonies of international sporting events, ES Global provides structures, stages, and temporary infrastructure. ES Global delivers bespoke solutions to high standards from its headquarters in London and offices in Tokyo and Paris. The deal benefit customers, employees and industry collaborators as it accelerates ES Global’s growth strategy .
Kartesia has provided support through a combination of debt and equity financing. The capital for this investment was drawn from Kartesia’s KCO IV and KCO V funds with the deal led by Nick Holman, Guillermo Ferre and Carlos Vazquez.
Nick Holman, Director at Kartesia, commented: “We are very excited to announce another UK deal as we continue to partner with resilient businesses that have performed strongly. In addition, ES Global’s strategy of providing demountable temporary structures, which avoid the larger carbon footprint of permanent structures, fits well with Kartesia’s ethos as a responsible financing provider with a strong focus on sustainability. We look forward to seeing the team execute on ES Global’s global growth strategy.”