H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital, a global alternative investment firm with $74 billion of capital under management, provided a new first lien, senior-secured credit facility to Büter Group, a portfolio company of NPM Capital.
“We are very pleased with the acquisition of Büter and appreciative of the important role H.I.G. WhiteHorse played in the financing of the transaction. The swift execution from signing to closing just before the holiday season showed exceptional commitment,” Faas van Engelen, director, capital markets of NPM, said.
Pascal Meysson, head of H.I.G. WhiteHorse Europe, added, “Büter is a European market leader in its niche industrial segments, with a high share of wallet and strong relationships with its customers. This investment is a good illustration of H.I.G. WhiteHorse’s ability to invest across a wide range of sectors, including manufacturing and industrials.”
