AG-Lagebericht für das Syndication of Gilde's € 145 million acquisition of amor Group closed oversubscribed

[Frankfurt am Main, 20 June 2016] Gilde Buy Out Partner's ("Gilde") acquisition of Amor GmbH found strong support in syndication and closed oversubscribed.

During syndication margins for TLA, TLB and RCF were reduced while OID was tightened. The transaction found support from a mix of banks and selective funds. Closing has taken place on 2 June.

The acquisition has been backed by € 145 million senior debt facilities including:

  • € 45 million, six-year TLA

  • € 88 million, seven-year TLB

  • € 12 million, six-year RCF

IKB was underwriter and bookrunner while RBI has joined as Mandated Lead Arranger prior to launch.

Headquartered in Obertshausen near Frankfurt (Germany), amor is the leading full-service supplier to retail partners, offering complete category management of the affordable precious jewelry category in their stores and runs c. 2,900 point-of-sales in 24 countries. EBITDA is around € 28 million.

Gilde is a leading European mid-market private equity investor with operations in the DACH region and the Benelux. Gilde manages funds in excess of

€ 3 billion and has offices in Zurich/Frankfurt, Utrecht and Brussels. Since its inception in 1982, Gilde has invested in over 250 companies across a diverse range of sectors.

IKB Deutsche Industriebank AG supports medium-sized enterprises in Germany and Europe with loans, risk management, capital market services and advisory services.

Contact:

Torsten Aul, Telephone: +49 69 79599-9626, Patrick von der Ehe, Telephone:

+49 211 8221-4776, Fax: +49 211 8221-2776, E-mail: presse@ikb.de

IKB Deutsche Industriebank AG published this content on 20 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 June 2016 09:50:04 UTC.

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