Rantum Capital grants subordinated loan for the acquisition of a leading service company
Rantum Private Debt Fund II has participated in the financing of the succession solution of a leading German service company with a subordinated loan. The company has always been family-owned but failed to find a succession solution within the family and decided to sell its shares.
Carsten Olberding, Managing Director at Rantum Capital, comments: “The acquisition target, as a successful medium-sized company with a history of more than 30 years in family ownership, is one of the market leaders in its industry and thus fits perfectly with Rantum’s investment criteria. We regard the buyer, with its long-term philosophy, as a particularly suitable new owner and anticipate further growth in the coming years.”
The law firm Kirkland & Ellis (Wolfgang Nardi, Alexander Längsfeld) served as legal advisor to Rantum Capital.