The fund will invest in small, medium and Mid-Cap companies in their expansion and growth phase in the form of long-term debt instruments, structured as a subordinated component potentially with an embedded equity element.
Investment Strategy
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Focus
Companies based in Croatia
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Privately owned in the phase of expansion and/or growth
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Small, Medium and Mid-Caps companies
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Excluding
Investing in real estate
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Early phase (seed or start up)
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Pre-bankruptcy, financial restructuring for companies in difficulty
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Tobacco, finance, armaments
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Financial Instrument
Mezzanine subordinated debt with capital characteristics in different forms and with different repayment model features (bullet, PIK, profit sharing, discount bonds, guarantees, recall/sale)
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Maturity period 4 to 7 years (grace, variable repayment plan, balloon, PIK)
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Amount from 1 to 5 million euros
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Situation
Examples of investments Capex (equipment, plants, land)
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R&D investments
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market expansion including long-term investment in working capital
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Acquisitions, Sponsored Financing - LBO
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Recapitalization, MBO or various ownership repositionings
Investment situations
Key Advantages of working with us
Increased capital strength of the company through quasi-equity/mezzanine debt participation
Stronger debt repayment position
Flexibility during the investment period
Changing the structure of financing after investment or additional financing (additional financing in case of cost overruns, investment delays, etc.)
Direct work with the owner of the company
in order to achieve an optimal financial structure and harmonize the interests of all stakeholders of the transaction.