TeamSystem, an Italian B2B software house that belongs to Hellmann&Friedmann and Hg Capital (Silverlake, ADIA and Capital G are in advanced talks for a minority) said it carried the private placement of a Vienna-listed 195 million euros senior secured floating rate (3M EUR + 5.5%) bond maturing in 2030 for refinancing the recent acquisitons (see here a previous post by BeBeez). The issuance has a 0% floor with a quarter review and next fixing on 5 October, Thursday. TeamSystem will also invest the raised proceeds in refinancing a 180 million credit line.
Italian contractor ICM received a 60-months leasing plafond of 6 million euros from Claris Leasing, part of Gruppo Cassa Centrale (see here a previous post by BeBeez). Banca del Veneto Centrale structured the loan. ICM has sales of 515 million, an ebitda of 27 million and a net financial debt of 70 million. The company belongs to MP Finanziaria (74%) and Keystone Enterprises (26%). ICM will invest such proceeds in its organic business. Gaetano Marangoni is the chairman of Claris Leasing.
Italian biopark ZOOM received a 14 million euros financing facility from Intesa SanPaolo that will support the company’s growth (see here a previous post by BeBeez). ZOOM belongs to Magnetar since 2018. The company has losses of 1.5 million, an ebitda of minus 0.697 million, a net financial debt of 14.1 million and equity of 11.9 million. Andrea Ehrhardt is the chairman of ZOOM.
Axet Facility, an Italian provider of facility management services, acquired Milan’s T&M System with the support of a 10.2 million euros senior loan and a bridge to cash line from UniCredit (see here a previous post by BeBeez). Enrico Mauri and Lorendana Brina sold T&M System which has sales of 15 million, an ebitda in the region of 2 million and net cash of 4.3 million. Axet Facility belongs to Ombretta Larghi and has revenues of 19.3 million, an ebitda of 1.4 million and a net financial debt of 1.1 million.
Sanfelice 1893 Banca Popolare carried on a securitization of a retail mortgages portfolio worth in the region of 95 million euros through the spv Sanfelice Finance (see here a previous post by BeBeez). Banca Akros structured the transaction. The spv issued senior asset-backed notes that Banco BPM subscribed. Vittorio Belloi is the coo of Sanfelice 1893 Banca Popolare.
