Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 04-03-2020 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | PlanetHome Unitranche Financing by Kartesia | Industry: | Real Estate Investment & Services |
| Description: |
Ashurst advised PlanetHome Group GmbH on a EUR65m unitranche financing by Kartesia to support the buy-out of the minority shareholder Deutsche Invest Equity Partners as well as to refinance its existing debt with Praesidian Capital. DC Advisory acted as exclusive financial advisor to PlanetHome and its majority shareholder, AP Capital Investments. The financing package allowed AP Capital Investments to take full control of PlanetHome.
Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, provided the senior secured term loan through its Kartesia Senior Opportunities I fund.
Munich-based PlanetHome is a leading real estate and financial brokerage company in Germany and Austria.
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| Financial Center: | Frankfurt | Value: | 0.00-100.00 |
| Advised Party: | Borrower | Law Firm | Ashurst |
| Borrower Jurisdiction: | Germany | Lender Jurisdiction: | Germany |
| Classification: |
Acquisition Finance Private Company Acquisition |
Lawyer | Anne Grewlich |
