PCS2 acts as sole lender in the refinancing of DGF, a leader in the distribution of ingredients to bakery and pastry professionals in France

7th November 2016

Permira Debt Managers (“PDM”), the debt management and advisory arm of Permira and one of Europe’s leading specialist debt investors, today announces that direct lending fund Permira Credit Solutions II is acting as sole lender to refinance DGF’s existing loans and to finance the add-on acquisition by DGF of Val-de-Seine, which reinforces the group’s presence in the Paris region.

Launched in 1986 as a central purchasing platform, DGF progressively developed its distribution business and is now active throughout the value chain, including product design under its own brand, 3 logistical platforms, and distribution through an international network.

DGF has demonstrated steady growth since inception and initiated an intensive external growth strategy in 2015, with the support of its new shareholders 21 Centrale Partners.

David Hirschmann, Head of Private Credit at Permira Debt Managers commented: “DGF is a successful and expanding player in the food specialist distribution market in France, run by a high quality management team. We are delighted that Permira Credit Solutions II is backing 21 Centrale Partners and providing long-term financing to DGF in order to enable its next development phase”. 

Click below to download the full release.

 



Download PDF version

Latest News

Permira Debt Managers acts as sole lender in the refinancing of Away Resorts
11th January 2017
PCS2 acts as sole lender to Knights 1759 to support continued expansion
17th October 2016
Permira Debt Managers announces final close of Permira Sigma IV
28th September 2016
PCS2 acts as sole lender in the acquisition of I@D
22nd September 2016
PCS2 invests in the senior secured floating rate notes of Vizrt
15th September 2016
PCS2 invests in the senior secured term loans of Exterion Media
15th September 2016
RSK Group becomes UK's largest site investigation provider
27th June 2016
PCS2 acts as sole lender to Eaton House Schools Group in support of a management buyout
24th June 2016
PCS2 committed a follow-on investment to David Brown Gear Systems
1st June 2016
PCS2 to act as sole lender to ALcontrol Laboraties
19th April 2016
PCS2 acts as sole lender in CLEAN Linen’s acquisition of Paragon Laundry
14th January 2016
PCS2 sole lender in Bridgepoint Capital’s acquisition of Anaveo
7th January 2016
Savoury & Sweet Limited announce multi-million pound investment programme
27th November 2015
Delsey secures €100m refinancing package to support continued growth
17th November 2015
Paperchase secures £50m refinancing package to boost growth
2nd November 2015
Final close of Permira Credit Solutions II
29th July 2015
PCS2 to act as sole lender to David Brown Gear Systems
2nd July 2015
PCS2 to act as sole lender to RSK Group
15th June 2015
Permira Debt Managers appoints David Hirschmann as Head of Private Credit
9th June 2015
PCS2 acts as sole lender to Kinaxia Logistics to support acquisition strategy
19th May 2015
PCS2 sole lender in Oakley Capital's PARSHIP acquisition
1st May 2015
Permira Debt Managers expands team
16th January 2015
Permira Debt Managers announces 1st close of Permira Credit Solutions II
29th October 2014