30th November 2015 – Beechbrook Capital, the specialist direct lender, has completed two further investments from its Fund II. They mark the 13th and 14th investments made by this fund, which closed in June 2014 at €151 million.
The two new investments are:
- Beechbrook originated and arranged a mezzanine loan and equity co-investment to support the acquisition of MCP Environmental by GIL Investments. Headquartered in Bradford, MCP Environmental offers asbestos surveying, asbestos removal and engineering works throughout the UK.
- Beechbrook provided a unitranche loan and equity co-investment to FirstCom Europe, a leading cloud-based telephony service provider with operations in Denmark, Germany, Poland and the UK, in support of their acquisition of Connection. The acquisition will help FirstCom to grow its customer base to strengthen its position as a leading provider of Unified Communications as a Service.
Beechbrook Partner Paul Shea said: “We are delighted to continue supporting the growth of UK and northern European SMEs. The recent deals further demonstrate our ability to deploy capital into high quality businesses and we expect to finance further transactions in Q1 2016.”
