Acquisition of a livestock farming company.
Evergreen investment in a high cash-flow business to support shareholder succession. Total enterprise value was financed by €9 million of equity, €11m of bonds, and several million euros of deferred payments. Merito and co-investors contributed €9.1 million in equity. A private placement of €11.0 million in senior secured bonds - arranged by Signet Bank - was oversubscribed and provided the debt component.