Dakar Finance S.A. completed the acquisition of PARTS HOLDINGS S.A.S. from TowerBrook Capital Partners L.P., Investcorp Bank B.S.C. and other shareholders.
December 08, 2015 at 12:00 am EST
Dakar Finance S.A. agreed to acquire PARTS HOLDINGS (FRANCE) S.A.S. from TowerBrook Capital Partners L.P., Investcorp Bank B.S.C. (BAX:INVCORP) and other shareholders on October 23, 2015. The deal will be funded by the issuance by Dakar Finance on the Irish Stock Exchange of Senior PIK Toggle Notes in the fourth quarter of 2015. As of August 31, 2015, PARTS HOLDINGS had total assets of 801.1 million and total common equity of 211.7 million. Credit Suisse acted as financial advisor to Bain Capital private Equity.
Dakar Finance S.A. completed the acquisition of PARTS HOLDINGS (FRANCE) S.A.S. from TowerBrook Capital Partners L.P., Investcorp Bank B.S.C. (BAX:INVCORP) and other shareholders on December 8, 2015.