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Muzinich & Co invests in AFO Group with private debt deal

Muzinich & Co has provided debt financing to the AFO Group, a London-headquartered network of strategic communications agencies, to refinance existing facilities and support future investments and bolt-on acquisitions.

Muzinich is investing alongside Waterland Private Equity, which purchased a majority stake in the business last January.

AFO’s proposition is built on providing insights, market research, broadcast media relations, strategic podcast consulting, virtual/hybrid events and livestreaming across the digital estate.

Muzinich was advised by Proskauer. Waterland was advised by Pinsent Masons, 8Advisory and Tatsu.

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