DMF: 20th mezzanine investment completed

DMF: 20th mezzanine investment completed

October 9, 2019

Equity
Investering.jpg

Dutch Mezzanine Fund is pleased to share that the strong investment momentum continues with the completion of a new mezzanine investment in Sonic Equipment. Torqx Capital Partners recently invested in Sonic Equipment to support the company with the next phase of growth via a further expansion and roll-out of the Sonic brand. The transaction was financed by Rabobank and DMF.

Sonic Equipment is a global specialist in the development, marketing and distribution of professional hand tools and storage solution systems. Customers include leading automotive parts resellers as well as renowned automotive OEMs and dedicated importers. End customers include automotive garages, dealers, and other industrial customers.

Since its inception DMF has arranged twenty private debt financing solutions tailored to specific needs of leading private equity investors, family owned companies and management teams. This transaction again showcases the use of a mezzanine tranche as the linking pin between bank debt and the required level of guarantee capital in order to optimise the capital structure for a private equity investor.

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