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Beechbrook Capital Makes New German Investment Alongside H.I.G Capital

19th January 2018 -  Direct lender Beechbrook Capital has provided a mezzanine loan to funds managed by H.I.G. Capital, to support its acquisition of a majority interest in Beinbauer Group. RM Secured Direct Lending PLC, a specialist in tailored debt solutions, acted as co-investor to Beechbrook.

Beinbauer Group is a leading provider of complex machined metal parts for the European on- and off-highway commercial vehicle industry, mainly serving leading original equipment manufacturers. Founded in 1968 and headquartered in Büchlberg near Passau, Germany, it has four production sites across Germany and over 700 employees. With H.I.G.’s investment, Beinbauer will look to grow organically within the commercial vehicle market and will seek out strategic acquisitions.

Wolfgang Biedermann, Managing Director, H.I.G. Europe commented: “We are pleased to have partnered with Beechbrook Capital who provided funding towards our recent investment in Beinbauer Group. Beechbrook Capital’s flexibility contributed to an efficient documentation process and we liked their commercial approach. We are looking forward to working with the team again soon.”

Sandeep Agarwal, Partner, Beechbrook Capital commented: “We are delighted to have completed our first investment with H.I.G. Capital in Germany, which is a key market for Beechbrook. We are committed to support high quality small and medium-sized companies across the UK and northern Europe.”