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Published on 6/30/2014 in the Prospect News Private Placement Daily.

Groupe Poult: European Capital arranges €26 million of mezzanine debt

By Lisa Kerner

Charlotte, N.C., June 30 – Groupe Poult received €26 million of mezzanine financing arranged by European Capital Ltd. and its consolidated subsidiaries.

The financing supports Poult’s acquisition by funds advised by Qualium Investissement, according to a news release.

In this transaction, European Capital invested a total of €13 million in mezzanine bonds along with CIC Mezzanine. Previously, European Capital invested in mezzanine, second lien and senior debt facilities issued for LBO France’s buyout of Poult in 2007.

Groupe Poult, based in Toulouse, France, is a private-label cookie manufacturer owned by Paris-based private equity firm LBO France.


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