LGT European Capital announces first post-acquisition deal

The acquisition of the former European Capital by LGT Capital Partners was completed in June.

LGT European Capital has provided unitranche financing facilitating the buyout of a Spanish dining brand, according to a company announcement. The firm, previously known as European Capital, was acquired by Swiss-headquartered alternative asset manager LGT Capital Partners earlier this year.

The financing consists of a €24 million facility. It is being provided to private equity shop Bluegem Capital Partners to be used in the acquisition of Spanish dining brand Lateral.

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