Advising Indigo Capital on its mezzanine financing of the acquisition by Gilde Buy Out Partners of Spandex Group from Gerber Scientific, Inc.
On August 22, 2011, Gilde Buy Out Partners announced the acquisition of the Spandex Group from Gerber Scientific, Inc. by funds managed by Gilde as well as Spandex management. Spandex is a leading supplier to the sign making and display industry with headquarters in Rümlang, Switzerland.
Indigo Capital’s fund has provided mezzanine to support the acquisition of the Spandex Group. Indigo Capital was advised as to Swiss law by Froriep Renggli. The Froriep Renggli team was led by partner Dr Beat M Barthold (Corporate Finance and Transactions) as to matters of corporate and transaction financing. The team included partner Dr Catrina Luchsinger Gähwiler (Financial Services), associates Benjamin Dürig (Financial Services), Jerome Pluznik and Philippe Stuber (both Corporate), as well as partner Danielle Wenger (Tax).