DC Advisory Partners acted as the exclusive debt advisor to Gilde Buy Out Partners on the acquisition financing for Spandex
Essential Information
Client
Spandex
Date
August 2011
Deal value
€ Undisclosed
Advice Type
Debt Advice, Acquisition Finance Advice
Sector
Industrial Products and Services
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DC Advisory Partners acted as the exclusive debt advisor to Gilde Buy Out Partners ("Gilde") on the acquisition financing for the Spandex Group ("Spandex").
Spandex is a leading supplier to the sign making and display industry. The company is specialized in marketing, sales, distribution and support of sign making and printing related systems and materials. Headquartered in Ruemlang/Switzerland, Spandex has various operations across Europe and Australia. Spandex has been a business division of Gerber Scientific Inc. ("Gerber"), an international supplier of automated manufacturing systems for the sign making, specialty graphics, and packaging industries based in Tolland, Connecticut/USA. Gerber was recently acquired by Vector Capital, a US based private equity firm.
“The acquisition of Spandex represents an exciting opportunity for Gilde to invest in one of the leading companies in a growing industry”, says Ralph Wyss, Managing Director of Gilde. “We will support Spandex' growth strategy that is aimed at further expansion in the company’s existing markets as well as in new markets”, Wyss adds.
Björn Lauschke, Director at DC Advisory Partners: “DC Advisory Partners helped in securing the optimal financing package for Spandex. The international club of four banks provided a highly competitive and flexible financing package, which will allow the company to implement its growth strategy going forward.“
DC Advisory Partners acted as the exclusive debt advisor to Gilde.
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