Partners Group acted as an arranger on the mezzanine financing for Securitas Direct
Press release
Baar-Zug, 12 September 2011
Partners Group, the global private markets investment manager, acted as an arranger, on behalf of its clients, for the mezzanine debt financing of Swedish headquartered alarm solutions provider Securitas Direct which was acquired by Bain Capital and Hellman & Friedman.
Securitas Direct is a European supplier of monitored alarm solutions for residential and small business customers. It has shown strong year on year growth over the historical period and has a leading market share in its key home markets. The credit quality is reinforced by a subscription-based business model with a large portion of recurring revenue, which is supported by a broad customer base of close to 1.4 million clients.
Juri Jenkner, Managing Director and Head of the London office, comments "Having originally provided mezzanine to the public to private takeover in 2008, we saw the business increasing its EBITDA by more than 50% during the last three years despite the crisis. Our investment team worked for many months on a mezzanine financing solution and we were pleased to have the opportunity to continue to support the business. The business provides valuable security services to millions of customers across Europe, and we are delighted to be able to continue to support the growth of this recession-resilient business."
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 20 billion in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, New York, São Paulo, London, Guernsey, Paris, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney. The firm employs over 500 people and is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of over CHF 3.5 billion with a clear majority owned by its Partners and all employees.
Investor relations contact
Philip Sauer
Phone: +41 41 768 86 60
E-mail: [email protected]
Media relations contact
Dr. Anna Hollmann
Phone: +41 41 768 83 72
E-mail: [email protected]
Press release
Baar-Zug, 12 September 2011
Partners Group, the global private markets investment manager, acted as an arranger, on behalf of its clients, for the mezzanine debt financing of Swedish headquartered alarm solutions provider Securitas Direct which was acquired by Bain Capital and Hellman & Friedman.
Securitas Direct is a European supplier of monitored alarm solutions for residential and small business customers. It has shown strong year on year growth over the historical period and has a leading market share in its key home markets. The credit quality is reinforced by a subscription-based business model with a large portion of recurring revenue, which is supported by a broad customer base of close to 1.4 million clients.
Juri Jenkner, Managing Director and Head of the London office, comments "Having originally provided mezzanine to the public to private takeover in 2008, we saw the business increasing its EBITDA by more than 50% during the last three years despite the crisis. Our investment team worked for many months on a mezzanine financing solution and we were pleased to have the opportunity to continue to support the business. The business provides valuable security services to millions of customers across Europe, and we are delighted to be able to continue to support the growth of this recession-resilient business."
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 20 billion in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, New York, São Paulo, London, Guernsey, Paris, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney. The firm employs over 500 people and is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of over CHF 3.5 billion with a clear majority owned by its Partners and all employees.
Investor relations contact
Philip Sauer
Phone: +41 41 768 86 60
E-mail: [email protected]
Media relations contact
Dr. Anna Hollmann
Phone: +41 41 768 83 72
E-mail: [email protected]