Macquarie provides unitranche to INSEEC Group
02 Dec 2013
Macquarie, in partnership with Tikehau IM, provided a significant portion of a unitranche debt facility to support Apax Partners' acquisition of INSEEC Group, one of the leading players in the private higher education sector in France. The facility was tailored to support an internal re-organisation and offered several advantages over traditional bank packages. This is the second deal that Macquarie and Tikehau have completed under our French Credit Programme, launched a year ago and designed to deliver reliable lending products to borrowers with speed, simplicity and certainty of execution.