Rantum Private Debt Fund III provides junior loan for a market-leading consumer services company
Rantum Private Debt Fund III has provided a junior loan for a consumer services company with a market-leading position in Germany. With its well-known brand and high customer awareness, the borrower has posted impressive growth and profitability over the last few years. Rantum’s loan serves the buyout of minority shareholders and ranks junior to senior financing provided by a traditional German commercial bank.
Joachim Hunold, Rantum’s Industrial Partner for the consumer services industry, commented: “Rantum is excited to support the ongoing success story of this successful Mittelstand borrower. Under the leadership of the founder, the company has generated impressive growth while also being very profitable. After having conducted intense due diligence, Rantum takes a positive view on the market dynamics and prospects in this attractive sector.”