Our relationship with Ascopiave began in 2021, and, in October of that same year, we helped them establish $200 million of Shelf with an initial draw of €25 million. We continued to meet with the company following this transaction and, in March 2022, we assisted them in finalising an additional €70 million draw.
In 2024, Ascopiave’s management informed us about the Company’s potential future financial need to sustain growth and capex for mergers and acquisitions, emphasising their desire to strengthen our current relationship in the process.
In September 2024, we helped them renew and increase their current Revolving Shelf Facility to $265 million, allowing the Company to pursue their larger long-term growth strategy.
Ascopiave’s management was pleased with our constant and proactive approach to sustain M&A 304 and capex in a timely manner. They appreciate our relationship-oriented pragmatic approach and speed of execution, and value having an institutional long-term investor that is able to support capex and acquisitions.
We are excited to continue our relationship with Ascopiave, and we look forward to supporting their efforts in the years to come.
