Post by CVC Credit

CVC Credit is pleased to have led the refinancing and merger of Kanalservice Gruppe (KSG) and Grupo Sasti, creating a leading pan-European critical infrastructure services platform. CVC Credit acted as sole lender on the financing for funds advised by Ufenau Capital Partners and has structured committed follow-on capital to support KSG’s systematic buy-and-build strategy. Christine Weis, Managing Director in CVC's Private Credit team: "This transaction reflects our continued focus on backing resilient businesses with strong growth strategies. KSG benefits from highly predictable cash flows, underpinned by recurring demand for essential, non-discretionary infrastructure services and a large base of repeat customers. We are also pleased to partner with Ufenau Capital Partners again, a well-established sponsor we have successfully supported across previous transactions."   Andrew Davies, Head of CVC Credit: "KSG operates in an attractive market characterised by resilient demand, recurring revenues and underlying growth drivers – this is exactly what we are looking for in our core mid-market senior direct lending strategy. Given our integrated platform, once again the private credit team leveraged the breadth of the CVC network to support our due diligence, including insights from our global infrastructure team." https://lnkd.in/ea2B5-4Z