The acquisition is the last and crucial step towards fulfilling Heras' goal to become the leading player within perimeter protection in the Nordics.
Horten has advised Patrimonium Middle Market Debt Fund in the senior secured financing of the acquisition by leading European mid-market private equity firm, Equistone Partners, through its Dutch portfolio company, Heras Group (specialised in fences and protection systems) of Danish fence and security specialist SER Hegn consisting of four Danish target companies, SER-HEGN A/S, Moosdorf A/S, Stentoft Hegn A/S and SER HEGN Øst ApS all acceding as guarantors to the facilities agreement.
Heras targeting a leading position in the Nordics
The acquisition is the last and crucial step towards fulfilling Heras' goal to become the leading player within perimeter protection in the Nordics, as the acquisition will grant Heras a presence in all of Scandinavia having already made similar acquisitions in Sweden and Norway. As such, the acquisition will be the basis for accelerated growth in the Nordics where the Danish entities will start the process of being fully integrated with Heras in Sweden and Norway.
For further information on the Transaction, see:
Debt Financing fuels Heras’ growth