Industrial goods: Automotive supplier

Company overview:
  • One of leading European players specializing in the industrial production of high quality components
  • The company offers components for all types of automobiles, tractors and agricultural machines as well as boats or camper vans
 
Need description:
  • The company needed capital to facilitate dynamic growth
 
Investment overview:
  • Senior financing: Company already had banking debt in the amount of 3x EBITDA while CVI provided additional debt required to grow the business
  • 5-year maturity
  • Interest paid fully by cash
  • Collateral includes 1st lien pledge on production assets

 

 

Details

Size: EUR 5 million

Date: 2016

Financing type: senior

Use od proceeds: Working capital