Capstone Headwaters’ Debt Advisory Group is pleased to announce the closing of a $25 million senior secured credit facility for a fast-growing provider of management services to public charter schools. Services offered to its client schools include program and curriculum development, teacher training, school branding/marketing, enrollment, food services, facility management and back office functions including accounting, payroll, purchasing, HR and IT systems development and support. The secured credit facility will be used to finance an internal recapitalization amongst its ownership base and refinance existing debt. Terms of the deal were not disclosed.
I.A. Hedin Bil, through the subsidiary Hedin Belgien Bil AB, has acquired Rudi Vertommen NV. The deal includes a Mercedes-Benz new and used passenger cars and vans dealership, marketed under the brand Vertommen.
The business operations of Bullyland GmbH were sold to the newly founded Bullyworld GmbH, owned by the Eberl family business, as part of the insolvency proceedings.
IMAP is pleased to announce the release of the IMAP Dealbook 2018-2019. This annual IMAP publication showcases IMAP's collective transaction track record across a breadth of sectors and geographies.