One of the most significant private debt financing transactions carried out by CVI – Poland’s Trend Group has acquired Germany’s Gala Group, a leading European producer of candles, fragrance products, and decorative items. With the support of funds managed by CVI and the Polish Development Fund S.A. (PFR), the owners of Trend Group completed an ambitious step in the company’s international expansion strategy.

– This transaction is a very good example of how private debt has been gaining importance in our region in recent years. The financing we provided enabled the owners of Trend Group to achieve a major milestone while retaining 100% ownership of the business. Avoiding dilution was crucial for the buyer from the very beginning, due to the family-owned, multi-generational nature of Trend Group. We hope that more and more companies, when seeking to finance their growth, will first consider alternative debt financing (private debt) before giving up equity –  said Olaf Hofses, Investment Director at CVI.

– Companies in the region, including enterprises from Poland, are increasingly looking for alternative sources of debt financing. For many of them, access to traditional bank loans proves limited—especially in situations that require quick decision-making and flexible approaches from financial institutions. In such conditions, private debt becomes a viable alternative, particularly effective in growth financing, including M&A transactions, where the ability to close financing quickly and tailor the structure to the company’s specifics is essential. Private debt provides businesses with what banks often cannot—flexibility and speed. That is why we expect the number of such transactions to grow steadily – emphasized Elżbieta Winnik, Investment Manager at CVI.

We invite you to read the article about this noteworthy transaction:
https://xyz.pl/polacy-przejmuja-przemyslowego-tuza-z-niemiec-cvi-i-pfr-wspieraja-grupe-trend-w-globalnych-ambicjach/