GBfoods has partnered with Helios Investment Partners, an Africa-focused private investment firm, to create one of Africa’s largest fast moving consumer goods (FMCG) businesses. GBfoods Africa Holdco, a joint venture owned by GBfoods and Helios, has acquired assets from different African companies including leading brands such as Jumbo (bouillon), Gino

Kirkland & Ellis is advising Bank of America Merrill Lynch, as financial adviser, in connection with Hillhouse Capital and CDH led funds’ proposed privatisation of Belle International by way of a scheme of arrangement. Belle International is engaged in manufacturing, distribution and retailing of shoes and footwear products, and the

Investec has provided a GBP75 million debt package to support Allied Glass Containers’ growth plans. The Yorkshire-based specialist manufacturer and distributor of glass bottles and containers to the premium spirits and food & beverage sector produces 600 million bottles per annum across 450 product lines.   Investec invested time with

Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a unitranche facility to support the future growth of Priority Ambulance, by private equity sponsor Enhanced Equity Funds. Based in Knoxville, Tennessee, Priority Ambulance provides emergency and nonemergency medical transport to the communities it serves

Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a unitranche credit facility to support the 50-50 joint venture of Gas Station TV (GSTV) and Verifone Pump Media. GSTV is owned by Rockbridge Growth Equity and Falcon Investment Advisors.   Based in Detroit, Michigan,

An affiliate of New Water Capital Partners, a Boca Raton-based private equity investment firm focused on lower-middle market companies, has completed its recapitalisation of Montreal-based GSC Technologies, a manufacturer of kayaks, watersports equipment and storage and outdoor furniture products. “GSC offers leading North American retailers a great product suite of kayaks, paddle boards and accessories under strong brands,

PNC Bank has closed a USD100 million senior secured revolving credit for Apache Industrial Services, a portfolio company of Quantum Capital. PNC Capital Markets led the syndication as sole lead arranger, and PNC Bank is serving as administrative agent.   Based in Houston, Texas, Apache Industrial Services provides a suite

HIG WhiteHorse, a credit affiliate of global investment firm HIG Capital, has arranged a GBP27 million unitranche loan for Primesight, an out-of-home advertising company in the UK which is majority owned by GMT Communication Partners. Primesight is headquartered in London, UK and has around 140 employees. The company operates a

Exxelia, a manufacturer of high-performance complex passive components and subsystems focusing on highly demanding end-markets such as civil aeronautics, space and defence, has refinanced and simplified its debt structure. The former structure, which comprised both senior debt as well as a mezzanine debt financing, was enforced in March 2014 before