Further growth K industries group
With a Frankfurt-based team led by Partner Thomas K. Schrell, business law firm Heuking Kühn Lüer Wojtek advised HF Private Debt on financing the further growth of K industries group. The financing volume was not disclosed.
HF Private Debt Fonds, SCSp provided debt financing (in the form of a bullet senior loan) for the further expansion of K industries group, a family-owned group consisting of K industries GmbH based in Carinthia/Austria, K industries ALTHAMMER GmbH in Heidenheim (Baden-Württemberg), and K industries Steel&Engineering GmbH in Frankenthal (Rhineland-Palatinate). K industries group offers classic industrial plant construction and industrial services and provides engineering, production, and assembly from a single source. The three companies currently employ some 270 people.
About HF Private Debt
HF Debt GmbH is the exclusive advisor to Luxemburg-based HF Private Debt Fund SCSp, which specializes in private debt financing for SMEs (EBITDA between EUR 2 million and EUR 10 million) and supports growth financing, succession solutions, and buy-outs by private equity investors. Geographically, it focuses on companies in Germany, Austria, and Switzerland with a long-standing history.
Further information www.hf-debt.de.
Counsel to HF Debt GmbH
Heuking Kühn Lüer Wojtek:
Thomas K. W. Schrell, LL.M. (Lead, Banking & Finance), Frankfurt
Dr. Till Naruisch (Banking & Finance), Frankfurt