Rantum Capital completes growth financing to nursing home developer Carestone
Rantum Private Debt Fund II has granted a debt financing to Carestone, a market-leading German company in the development of care properties. The company, owned by experienced financial investor ASG Activum, will use the funds from Rantum for intensive further growth. Rantum’s financing is subordinated to senior financing at the individual property level.
Florian Feder, Executive Director at Rantum Capital, commented, “We are pleased to support Carestone’s growth with this investment and to sustain the continued success of the company and its management team in the coming years.”
The law firm of Kirkland & Ellis (Wolfgang Nardi) served as legal advisor to Rantum Capital.