European Capital Invests Euro 22.5 Million in Alma Consulting Group
PARIS, Feb. 28 /PRNewswire-FirstCall/ -- European Capital, S.A. SICAR announced today it has invested euro 22.5 million in the mezzanine facility of Alma Consulting Group ("Alma"), the leading French provider of tax recovery and cost reduction services for companies. European Capital's investment represents 50% of the mezzanine facility arranged by Royal Bank of Scotland, supporting Apax Partners' acquisition of Alma. European Capital will be Agent of the mezzanine facility and will have a Board observer seat. Alma management and employees retain significant equity investments.
"European Capital is investing in the undisputed leader in a dynamic market," said Ira Wagner, President of European Capital Financial Services Limited ("European Capital Services"), the sub-investment manager of European Capital. "In addition, we are very pleased to be working with Apax Partners, one of the world's leading private equity firms, and Royal Bank of Scotland, one of the leading leveraged loan arrangers in Europe and the world."
European Capital has invested approximately euro 300 million ($356 million) in 14 companies since its formation in August of 2005. For more information about European Capital, go to http://www.europeancapital.com/.


0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home