Category Archives: Deals

PDM helps Francisco Partners buy IT firm from Denmark’s Axcel

By Andrei Skvarsky. Funds managed by London-based debt investor Permira Debt Managers (PDM) are acting as senior secured lender in the purchase of EG, a leading Scandinavian software company, by global private equity company Francisco Partners from Danish private equity firm Axcel. EG’s buyout value has been set at 3.7bn Danish kroner ($556m). The deal… Continue Reading

Permira Debt Managers funds acting as senior lender to French manufacturer

By Andrei Skvarsky.  Funds advised by London-based debt investor Permira Debt Managers (PDM) are currently acting as the sole senior secured lender to Sotralu, a French manufacturer of accessories for sliding doors and windows, to enable the company to refinance its existing debt and finance future acquisitions. Sotralu, whose business geography covers France, Italy and… Continue Reading

Sberbank buys into firm digitising Islamic alms collection

By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has acquired a 25 per cent stake in PayZakat, a Moscow-based company that has developed and operates a digital system for the collection and distribution of zakat, alms that are obligatory in Islam and are normally collected in cash worldwide. Continue Reading

Moorgate Capital reports second ‘milestone’ deal for 2016

By Andrei Skvarsky. Moorgate Capital, a London-based financial advisory firm, has announced the completion of this year’s second “milestone” transaction it has been involved in, a deal in which one of its serial clients, a leading European producer of packaging, was sold to an investment company. Continue Reading