SYS-CON MEDIA Authors: Plutora Blog, Trevor Parsons, Elizabeth White, Pat Romanski, Yeshim Deniz

News Feed Item

European Capital Arranges Unitranche Financing To Support The Acquisition Of Asmodee By Eurazeo

ST. PETER PORT, Guernsey, Jan. 22, 2014 /PRNewswire/ -- European Capital Limited and its consolidated subsidiaries ("European Capital") announced today that they arranged together with Tikehau Investment Management the €65 million unitranche financing supporting Eurazeo Capital's ("Eurazeo") acquisition of Asmodee (the "Company").  In this transaction, European Capital invested a total of €42.5 million in unitranche bonds and an equity co-investment.

"We are extremely pleased to arrange the financing of the acquisition of Asmodee which is the type of success story we like to support in its international development," said Tristan Parisot, Managing Director of European Capital Financial Services Limited ("ECFS").  "We remain focused on originating high quality private debt opportunities in midcap businesses with underwriting capacity of up to €100 million across Europe.  This investment demonstrates again our ability to originate and provide tailor-made financing solutions in the private debt area to top-tier European sponsors like Eurazeo."

Asmodee is a leading independent publisher and distributor of games and trading cards in Europe with its main operations in France, the UK, Belgium, the USA, Germany and Spain.  The Company has built a unique business model based on strong game origination expertise that enabled it to pioneer the development of modern social games and capture most of the bestselling board and card games (including Dobble, Jungle Speed, Time's Up) in France over the last 15 years.  Between 2002 and 2012, Asmodee managed to grow its sales from €4 million to €110 million.  During that time, the Company also significantly broadened its geographical reach with more than half of its sales generated outside France, thus becoming a must-have partner for retailers as well as game authors across Europe.

"We are delighted to support a highly experienced and passionate management team," said Etienne Haubold, Managing Director of ECFS.  "In particular, over the past few years, this team has managed to greatly expand operations outside the Company's home market."

"We were also strongly convinced by Eurazeo's commitment to making Asmodee an international player, which combined with management's ambitions, should turn the Company into a global leader in a few years from now," added Olivier Meline, Investment Director at ECFS.

"European Capital has positioned itself as a trusted financing partner for Asmodee, due to their comprehensive understanding of the key stakes and future challenges for the Company," said Stephane Carville, CEO of Asmodee.  "We also value their cross-border coverage, operating resources and industry expertise which could prove useful in some of our future developments."

"Eurazeo is very pleased to partner once again with European Capital," said Eric Schaefer, Executive Director at Eurazeo.  "We appreciated European Capital's capacity to value the management team's strategic rationale and understand the business' main challenges, while being responsive and creative in customizing their offering to this transaction's specific needs, and therefore positioning themselves as a partner of choice for the Company."

ABOUT EUROPEAN CAPITAL

European Capital is an investment company for pan-European equity, mezzanine and senior debt investments with €1.0 billion in assets under management.  European Capital is a wholly-owned affiliate of American Capital, Ltd ("American Capital").  It is managed by European Capital Asset Management Limited ("ECAM" or the "Investment Manager"), a wholly-owned affiliate of American Capital.  Since its inception, European Capital has invested €3.5 billion in over 100 companies in Europe.  In France, European Capital has invested €1.2 billion in 30 companies.  The Investment Manager has offices in London and Paris with 55 employees.  European Capital and its affiliates will consider senior, mezzanine, and unitranche debt investment opportunities from 10 million to 100 million in either euros or sterling and up to 400 million for One Stop Buyouts®.  For further information, please refer to www.EuropeanCapital.com.

ABOUT AMERICAN CAPITAL

American Capital (Nasdaq: ACAS) is a publicly traded private equity firm and global asset manager.  American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate and structured products.  American Capital manages $20 billion of assets, including assets on its balance sheet and fee earning assets under management by affiliated managers, with $117 billion of total assets under management (including levered assets). Through an affiliate, American Capital manages publicly traded American Capital Agency Corp. (Nasdaq: AGNC) with approximately $10 billion of net book value and American Capital Mortgage Investment Corp. (Nasdaq: MTGE) with approximately $1 billion of net book value.  From its eight offices in the U.S. and Europe, American Capital and its affiliate, European Capital, will consider investment opportunities from $10 million to $750 million.  For further information, please refer to www.AmericanCapital.com.

ABOUT EURAZEO

With a diversified portfolio of over €4 billion in assets, Eurazeo is one of the leading listed investment companies in Europe.  Its purpose and mission is to identify, accelerate and enhance the transformation potential of the companies in which it invests. Eurazeo is present in several private equity segments through its four business divisions – Eurazeo Capital, Eurazeo Croissance, Eurazeo PME and Eurazeo Patrimoine.  Its solid institutional and family shareholder base, its lack of debt and its flexible investment horizon enable Eurazeo to support its companies over the long term. Eurazeo is either a majority or key shareholder in Accor, ANF Immobilier, APCOA, Elis, Europcar, Foncia, Moncler, Rexel, Fonroche Energie, 3SP Group, IES, Ideal Residences, Peters Surgical, Cap Vert Finance, Leon de Bruxelles and Dessange International. Eurazeo is listed on the NYSE Euronext Paris.

Contact: European Capital Financial Services Limited + 33 1 40 68 06 66
Etienne Haubold, Managing Director
Olivier Meline, Investment Director

SOURCE European Capital Limited

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Over the past year, Datical has had amazing success with our flagship product, Datical DB. We’ve seen multiple visionary, sector-leading companies select Datical DB to drive their Application Schema changes. Now that the number has grown rapidly over the past year, we can begin to see patterns in why customers choose Datical DB. One of them turns out to be pretty emblematic of our other customers. So, let's examine the reasons why they chose to adopt Datical DB.
At 15th Cloud Expo, Shrikant Pattathil, Executive Vice President at Harbinger Systems, demos a video delivery platform that helps you do interactive videos. He discusses how Harbinger is accomplishing it in the cloud world, the problems they faced and the choices they made to get around these problems.
Want to enable self-service provisioning of application environments in minutes that mirror production? Can you automatically provide rich data with code-level detail back to the developers when issues occur in production? In his session at DevOps Summit, David Tesar, Microsoft Technical Evangelist on Microsoft Azure and DevOps, will discuss how to accomplish this and more utilizing technologies such as Microsoft Azure, Visual Studio online, and Application Insights in this demo-heavy session.
Log data provides the most granular view into what is happening across your systems, applications, and end users. Logs can show you where the issues are in real-time, and provide a historical trending view over time. Logs give you the whole picture. Logentries, a log management and analytics service built for the cloud, has announced a new integration with Slack, the team communication platform, to enable real-time system and application monitoring. Users of both services can now receive real-...
Entuity®, a provider of enterprise-class network management solutions, today announced that it solidifies its position as a market leader through global enterprise customer acquisitions and a refined channel strategy. In 2014, Entuity increased new license revenues in EMEA by over 75 percent, and LATAM by over 125 percent as customers embraced Entuity for its highly automated solution and unified architecture. Entuity’s refined channel strategy focuses on even deeper strategic alignment with ke...
CloudBees, Inc., has announced a $23.5 million financing round, led by longtime CloudBees investor Lightspeed Venture Partners. Existing investors Matrix Partners, Verizon Ventures and Blue Cloud Ventures also participated in the round. The latest funding announcement follows earlier rounds of $4 million, $10.5 million and $10.8 million, bringing the total investment in CloudBees to just under $50 million since the company’s inception in 2010. Previous venture investment rounds were led by Ma...
We are all here because we are sold on the transformative promise of The Cloud. But what good is all of this ephemeral, on-demand infrastructure if your usage doesn't actually improve the agility and speed of your business? How must Operations adapt in order to avoid stifling your Cloud initiative? In his session at DevOps Summit, Damon Edwards, co-founder and managing partner of the DTO Solutions, will highlight the successful organizational, process, and tooling patterns of high-performing c...
“The year of the cloud – we have no idea when it's really happening but we think it's happening now. For those technology providers like Zentera that are helping enterprises move to the cloud - it's been fun to watch," noted Mike Loftus, VP Product Management and Marketing at Zentera Systems, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the ...
"ElasticBox is an enterprise company that makes it very easy for developers and IT ops to collaborate to develop, build and deploy applications on any cloud - private, public or hybrid," stated Monish Sharma, VP of Customer Success at ElasticBox, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Agility is top of mind for Cloud/Service providers and Enterprises alike. Policy Driven Data Center provides a policy model for application deployment by decoupling application needs from the underlying infrastructure primitives. In his session at 15th Cloud Expo, David Klebanov, a Technical Solutions Architect with Cisco Systems, discussed how it differentiates from the software-defined top-down control by offering a declarative approach to allow faster and simpler application deployment. Davi...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.
Cloud Technology Partners on Wednesday announced it has been recognized by the Modern Infrastructure Impact Awards as one of the Best Amazon Web Services (AWS) Consulting Partners. Selected by the editors of TechTarget's SearchDataCenter.com, and by votes from customers and strategic channel partners, the companies acknowledged by the Modern Infrastructure Impact Awards represent the top providers of cloud consulting services for AWS including application migration, application development, inf...
“Will Jaya is a direct source for server integration and storage solutions. If you are looking for any specific configurations for a project we can help you configure based on your needs and requirements," explained Netty Goya, CEO of Will Jaya, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.