Salida exitosa de inversión en Fabrikat
7 de marzo de 2024
Duque Capital Limited
("Duke Capital", "Duke" o la "Compañía")
Salida exitosa de inversión en Fabrikat
Duke Capital Limited (AIM: DUKE), un proveedor líder de soluciones de capital híbrido para propietarios de PYME en Europa y América del Norte, is pleased to announce the successful exit of its investment in Meteor HoldCo Limited, the 100% owner of Fabrikat (Nottingham) Ltd ("Fabrikat"), a UK manufacturer of street lighting columns and guard rails.
General
· This exit delivers an IRR of 36% for Duke, with further potential gains available from future performance-related deferred consideration
· The exit comes three years after Duke's financing solution enabled Fabrikat's established management team to become majority equity owners
· Due to the impressive operating performance of the business since the MBO, Duke has realised a significant equity gain in addition to the return on its core private credit investment
· Fabrikat is being acquired by Metalogalva - Irmãos Silvas, SA, a Portuguese company in the area of engineering and steel protection with more than 50 years of history and operations spanning across 14 countries and four continents
· Duke had invested a total of £6.2 million in Fabrikat to date
· This represents the eighth exit since inception, with the proceeds providing Duke with additional liquidity for new and follow-on investment opportunities
Neil Johnson, director ejecutivo de Duke Capital, dijo:
"Fabrikat is a real success story for Duke and a great case study for why Duke's capital is a perfect fit for individuals seeking to execute an MBO. Our capital allowed long-standing employees of a strong business to step up into large equity ownership positions and in that role, they continued to prove themselves as great stewards of the business, creating value for all stakeholders. In turn, we are pleased to build on our already robust track record of achieving above-average returns on exits."
Paul Allen, CFO of Fabrikat, said:
"We would like to thank Duke Capital for buying into our vision in a way which motivated us to drive significant growth in the company. Duke's capital enabled us to execute the MBO while the team supported us by becoming partners in our growth and success.
"Initially we went through a very competitive process but only Duke Capital's offer allowed us to keep 70% of the business that we had spent years crafting as the senior management team. And to top it off, we were able to keep control of the timing of the sale and the counterparty to whom we entrust the future of Fabrikat and our employees."
Cartera de capital de Duke
Se incluye una lista completa de los socios actuales de Duke como referencia en la página de Socios del sitio web de la Compañía: www.dukecapital.com/partners. A case study relating to our partnership with Fabrikat can be found here, providing additional insight on how we supported their growth strategy.
*** FIN ***
Para más información, visite www.dukecapital.com o contacte:
Duque Capital Limited | Neil Johnson/Charles Cannon Brookes/Hugo Evans
| +44 0 1481 231 816 |
Cavendish Capital Markets Limited (asesor designado y conjunto Broker) | Stephen Keys / Callum Davidson / Michael Johnson | +44 0 207 220 0500
|
Canaccord Genuity Limited (Articulación Broker)
| Adam James/Harry Rees | +44 0 207 523 8000 |
SEC Newgate (Comunicaciones financieras) | Elisabeth Cowell / Alice Cho / Matthew Elliott | + 44 (0) 20 3757 6882 GME@dhr-rgv.com |
Acerca de Duke Capital
Duke es un proveedor líder de soluciones de capital híbrido para propietarios de PYME en Europa y América del Norte, que combina las mejores características de capital y deuda.
Desde 2017, Duke ha proporcionado financiación única a largo plazo que elimina el riesgo de refinanciación y la necesidad de una salida a corto plazo al proporcionar una "hipoteca corporativa" única y al mismo tiempo alinear sus rendimientos para crecer con el éxito del negocio.
Duke se centra en generar retornos atractivos ajustados al riesgo para los accionistas y tiene un historial de lograrlo en todos los ciclos del mercado. Sus tres pilares de inversión son la preservación del capital, un rendimiento de dividendos atractivo y proporcionar ventajas tras las salidas. Duke cotiza en el mercado AIM con el símbolo DUKE y tiene su sede en Guernsey.
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