09.02.2015

Luther advises Idinvest Partners on unitranche financing for the acquisition of PRAE-Turbo by Halder

Luther Rechtsanwaltsgesellschaft mbH advised the French financial investor Idinvest Partners on a debt financing. The proceeds of the financing will be used by Halder for the acquisition of the PRAE-Turbo group through a management buy-out. Idinvest Partners provides financing of the transaction by a so-called unitranche. The volume of the financing will be kept confidential. Luther advises Idinvest on transactions on an ongoing basis, most recently in connection with the unitranche financing of the acquisition of the J&S group by Brockhaus Private Equity in August 2014.

Background

About Halder

Halder has been active in Germany since 1991 and provided medium-sized enterprises with capital for ownership succession and growth.

About the PRAE-Turbo group

PRAE-Turbo having its registered office in Schwanewede near Bremen was established in 2003 and focuses on machining compressor wheels for automotive turbochargers. In 2014, the group achieved sales of 53.9 million Euro.

On behalf of Idinvest Partners

Luther Rechtsanwaltsgesellschaft, Frankfurt: Christoph Schauenburg (Partner, Lead) Torsten Limberg (both Banking and Capital Markets)

 

Please find a PDF version of this press release here.
Please find all of our press releases here.

Author
Christoph Schauenburg, LL.M. (London)

Christoph Schauenburg, LL.M. (London)
Partner
Frankfurt a.M.
christoph.schauenburg@luther-lawfirm.com
+49 69 27229 24675