H.I.G. WhiteHorse Europe, a credit affiliate of global investment firm H.I.G. Capital, acted as sole arranger and sole underwriter of a €93 million financing package for Altares, a company in the business data and analytics market. The financing is designed to refinance Altares’ existing indebtedness and support its next stage of growth._x000D_
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“We strive to reveal growth opportunities for our clients, support them in managing credit risks, advise them on the ESG profiles of their third parties and help ensure compliance with applicable regulations,” Luc Querton, president of Altares, said. “This financing allows us to sustain our growth while continuing to deliver innovative technologies which meet our clients’ increasingly complex requirements across these four areas.”_x000D_
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“Altares benefits from a unique brand image and leadership position in the growing business data, digitalization and analytics industry,” Pascal Meysson, head of H.I.G. WhiteHorse Europe, said. “The financing we provided reflects our confidence in the expansion strategy implemented by Altares’ management team, alongside Naxicap Partners.”
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