Inversión de seguimiento en un socio de capital existente
3 de abril de 2024
Duque Capital Limited
("Duke Capital", "Duke" o la "Compañía")
Follow-On Investment into New Path Fire and Security Limited
Duke Capital Limited (AIM: DUKE), un proveedor líder de soluciones de capital híbrido para propietarios de PYME en Europa y América del Norte, se complace en anunciar a follow-on investment of £3.85 million into its existing capital partner, New Path Fire and Security Limited ("New Path"). This investment will enable New Path to complete two further acquisitions, in line with its acquisitive growth strategy.
New Path is a buy-and-build platform in the fire and security sector, primarily servicing SME clients in and around London and South of England. New Path's operating subsidiaries are established businesses with strong reputations in their local territories.
Aspectos interesantes
· Duke's funds will facilitate New Path's acquisition of Electrifire Ltd ("Electrifire") and VGI Management Ltd ("VGI"), both providers of fire and security installation and maintenance services to commercial customers
· The financing increases Duke's total investment in New Path to £10.75 million. The investment terms are the same as Duke's initial investment into New Path, including a starting yield of 13.5% and a +/- 6% annual revenue adjustment factor in respect of payments due
· Duke has now supported five New Path acquisitions, with the company now encompassing 12 subsidiaries. Following these acquisitions the enlarged New Path Fire Group will have substantial operations across SE England and London with more than 110 employees and a customer base numbering in excess of 6,300
Neil Johnson, director ejecutivo de Duke Capital, dijo:
"We are excited to once again be supporting New Path via the acquisition of two new targets which are complementary to its existing portfolio. The two acquisitions will add further scale to New Path's platform and create additional efficiency in the provision of services to its client-base in London and the South of England."
Further information regarding Electrifire
Founded in 2009, Electrifire is a Rochester-based provider of installation and maintenance services focused on fire alarms, intruder alarms, access control and CCTV systems, with commercial and office customers predominantly in central London and the Kent area.
Further information regarding VGI
Founded in 2003, VGI is a provider of installation and maintenance services focused on security (CCTV, alarms, access control and perimeter security), electrical work (lighting, power and heating) and fire safety (fire alarm systems and automatic smoke opening vents). The company focuses on servicing the property management sector in South West London and Surrey and is run from a commercial premise in Byfleet, England.
Cartera de capital de Duke
A full list of Duke's current partners is included for reference on the Partners page of the Company's website: www.dukecapital.com/partners.
*** 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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