Finance News

Crescent European Specialty Lending Announces Financing for Primary Capital’s Refinancing and Recapitalization of Metamark

Crescent European Specialty Lending Announces Financing for Primary Capital’s Refinancing and Recapitalization of Metamark

Crescent Capital Group LP, a leading alternative credit investment firm, announced that its European Specialty Lending strategy has provided financing to support Primary Capital’s refinancing and recapitalization of Metamark, a U.K.-based manufacturer and supplier of self-adhesive visual communication materials focused on retail advertising, commercial vehicle wrapping, architectural and other specialty applications. Terms of the transaction were not disclosed.

Latest Fintech News: Groma and Needham Bank Partner to Finance Multi-Family Investments in Boston, MA

Primary Capital, a U.K.-based private equity firm, acquired a majority stake in Metamark in 2017. Since then, Metamark has expanded its market-leading position and is a major player in the U.K. & Ireland possessing a combined manufacturer-distributor model. Established in 1992, the company’s self-adhesives are used by sign and graphics producers to make signage and other products used in promotional and advertising applications by brands and businesses. Metamark’s global customer reach now spans more than 50 countries.

Latest Fintech News: Firstmark Credit Union Transforms Workforce Security and Productivity with Stratodesk

“Crescent is pleased to support Primary Capital in its refinancing and recapitalization plans for Metamark, a company that has demonstrated a strong growth trajectory driven by its reputation for product quality and superior service,” said Christine Vanden Beukel, Managing Director and head of Crescent’s European Specialty Lending strategy. “This transaction demonstrates the type of flexible capital solutions we provide to leading companies and sponsors to support their growth.”

Latest Fintech News: Panacea Financial Announces Partnership with American Academy of Periodontology (AAP)

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Canoe Financial Renews At-the-Market Equity Program for Canoe EIT Income Fund

Fintech News Desk

Signature Bank Launches Its Digital Payments Platform, Signet, on the Fireblocks Network

Fintech News Desk

New Cryptocurrency, Vestallytoken Poised To Immediately Break $1 Million MarketCap

Fintech News Desk
1