Sign up for free newsletter

 

Dental implant

Alcentra completes unitranche investment in Menix

Sub-investment grade corporate credit specialist Alcentra, part of BNY Mellon, has invested in Menix Groupe, the holding company for healthcare firms Serf, Dedienne Santé and Global D and a manufacturer of orthopaedic and dental implants in France.

The funding takes the form of a unitranche investment provided by funds managed by Alcentra and will support the buyout by funds advised by LBO Partners in association with Turenne Investissement and Keensight Capital.
 
The unitranche investment will provide capital for the growth strategy of Menix.
 
Frédéric Méreau, executive director, European direct lending and mezzanine investments will represent Alcentra on the company’s board of directors as an observer.
 
Headquartered in Décines, France, Menix focuses on the design, manufacturing and distribution of orthopaedic and dental implants. In 1970 Menix was the first company to design and manufacture total hip replacement prostheses.
 
The deal follows recent investments in Chesapeake Specialty Chemicals Packaging, Caffè Nero, Impetus Waste Management and Cambridge Education. This transaction represents the third French unitranche financing arranged by funds managed by Alcentra since the start of 2014.


Subscribe to free daily newsletter
MediaWatch WA awards 2015

See interviews and presentation at the Wealth Adviser 2015 awards ceremony, held at Sketch, Mayfair on the 15th May .... »

latestjobs
Investment Banking VP (Financial Sponsors)

Fri, 28 Aug 2015 00:00:00 GMT

Investment Banking Restructuring Analyst/Associate

Fri, 28 Aug 2015 00:00:00 GMT

Investment Banking Associate (Specialty Finance)

Fri, 28 Aug 2015 00:00:00 GMT

events
6 hours 56 min from now - Texas
1 week 1 day from now - New York
1 week 2 days from now - New York
2 weeks 6 hours from now - London
2 weeks 1 day from now - California
specialreports