• 07/12/2018

    Cerea Partners completes a year of record investment in Private Debt

    €M 217 invested to finance the development of 15 companies over the last 12 months

    Cerea Partners, the investor-partner of French and European Agrobusiness companies, invested €M 217 in private debt to finance the development of 15 companies over the last 12 months. This is a record level of activity for the Private Debt team which acted as arranger or co-arranger on most of the transactions.

    The dynamic deployment follows the fundraising of Cerea Partners's two latest Private Debt vehicles, currently being invested:
    • Cerea Mezzanine III, raised at the end of 2016 with an investment capacity of €M 200, finances and accompanies development projects, buyouts or shareholder restructurings through mezzanine and unitranche debt, with tickets ranging from €M 2 to €M 40 (and up to €M 80 in unitranche, jointly between the two funds).
    • Cerea Dette II, raised in April 2018 with €M 321 in commitments, finances buyouts, growth investments and business funding. It provides senior debt through private placement, senior loans, and unitranche, underwriting tickets ranging from €M 10 to €M 40. 

    Michel Chabanel, CEO of Cerea Partners, declared: "Active in mezzanine since our creation in 2004, private debt is at the heart of our DNA. Since then we have strengthened our position by expanding our offer and are able to cover almost all the financing needs of small and medium sized Agrobusiness companies from senior debt to junior PIK. With a reinforced team of 10 investment professionals, we will continue our international development in the spirit of transactions already completed in Italy, Spain, Germany or Benelux."

    Fabrice Vidal, Executive Managing Director of Cerea Partners - Private Debt, declared: "We have a wide range of private debt solutions to support the growth projects of Agrobusiness companies. Over the past 12 months, we have invested through PIK financing (Mademoiselle Dessert and Burger King), unitranche (BCF and Organic Alliance), corporate private placements (Bertrand Restauration and Sleever) as well as senior loans (Buffalo Grill, Europe Snacks and Parts 24)."

    Dowload the press release