Network Corporate Finance has advised ProLeit AG, Herzogenaurach, on the refinancing and funding through individualised mezzanine capital.
Transaction
As part of the long-term refinancing strategy ProLeit AG has raised individualised mezzanine funds structured as equity participation rights. The mezzanine provider is an independent domestic mezzanine fund. By strengthening the financing base the company secured its international expansion and realised an improved credit rating.
Target Company
ProLeit AG is an independent provider of process control and automation software and related services primarily for the food and beverage industry.
Key Facts
| Transaction value: | not disclosed |
| Sector: | Software and IT-Services |
| Sales: | approx. EUR 23 millions (2009) |
| Employees: | approx. 220 |
| Date: | December 2009 |
The role of Network Corporate Finance
Network Corporate Finance has advised the client on the preparation and implementation of the financial restructuring strategy. After compiling a management presentation and based on the financing concept we invited selected national and international partners. Network Corporate Finance coordinated the due diligence with a limited number of interested parties and negotiated the key terms of the financing.
