Herter & Co. has acted as Sole Debt Advisor on the recapitalization of Infiana Group GmbH (“Infiana”), a portfolio company of DBAG Fund VI, a private equity fund advised by Deutsche Beteiligungs AG ("DBAG").
The refinancing included a limited number of new banks in order to maximize transaction security while minimizing transaction costs and time required. All existing lenders participated in the transaction. The senior financing package is well above 100 million euros and includes EUR and USD tranches.
"Herter & Co. has provided us with comprehensive and sound advice throughout the whole process, including the most suitable financing process for our specific situation, the optimal debt structure, as well as the ideal composition of our new bank consortium", said Marten Julius, CFO of Infiana.
Herter & Co. acted as Sole Debt Advisor to Infiana Group.
Infiana develops and produces engineered and innovative films for the consumer market and the industry. The Group has around 800 employees at its three production sites in Forchheim (Germany), Malvern (USA) and Samutsakorn (Thailand). Infiana serves the Personal Care, Health Care, Building & Construction, Composites and the Pressure Sensitive Market. In 2016, Infiana Group generated a turnover of 200 million euros.
Deutsche Beteiligungs AG, a listed private equity company, initiates closed-end private equity funds and invests alongside the DBAG funds in well-positioned mid-sized companies with potential for development. DBAG focuses on industrial sectors in which Germany’s ‘Mittelstand’ is particularly strong on an international comparison. With its experience, expertise and equity, DBAG supports its portfolio companies in implementing corporate strategies that sustainably create value. Its entrepreneurial approach to investing has made DBAG a sought-after investment partner in the German-speaking world. Assets under management or advisement by the DBAG Group amount to approximately 1.8 billion euros.