CVC Credit Partners, a leading global alternative investment manager focused on sub-investment grade debt markets in the US and Europe, announced today that its European Private Debt business has provided financing to support Bencis Capital Partners' acquisition of Halex Group in conjunction with Muzinich and Idinvest Partners.
Founded in Germany in 1990, Halex Group is a leading pan-European leader in mission-critical metal hardening services and designing and manufacturing of high precision aluminium extrusion dies. The Group is strategically located to serve the most attractive catchment areas across Europe through its service-oriented approach.
Neale Broadhead, Managing Director and Portfolio Manager in CVC Credit Partners' direct lending business, said: "The Halex Group is a leading international player with an impeccable track record for reliability and quality. The company provides critical products and services to a loyal customer base. We are delighted to continue our support for Bencis Capital Partners with its first acquisition in Germany and look forward to working with the team going forward."