LONDON, 08 September 2014: Metric Capital Partners (“MCP”), the European private capital group, today announced its investment in Signalhorn s.à r.l. (“Signalhorn” or the “Company”), a leading European provider of satellite communication services.
Headquartered in Backnang, Germany, Signalhorn is a privately owned company operating in the global telecommunications and satellite industry. The Company provides highly secure, bespoke communication solutions built around its two teleports in Backnang, Germany and Leuk, Switzerland to a number of blue chip customers in a variety of industries from oil & gas to retail and government services.
Commenting on the deal, Phil Dougall, Partner of MCP, said: “We are thrilled to be partnering with Signalhorn and to provide the Company with growth capital to expand its global footprint in order to service new markets and customers. MCP’s investment provides the Company with the necessary capital to execute its growth strategy and take advantage of the opportunities in today’s telecommunications market”.
Robert Kubbernus, CEO of Signalhorn, added: “MCP’s investment comes at an exciting time in the history of Signalhorn. With this investment, we are in a strong position to capitalise on the changes in the telecommunications and satellite industry while continuing to deliver the secure, flexible and reliable services our customers depend on”.
John Sinik, Managing Partner of MCP, further commented: “The investment in Signalhorn represents our second fund’s maiden investment. The transaction is fully consistent with our investment strategy and clearly demonstrates the continued necessity for alternative capital solutions in the European mid-market”.
Signalhorn and MCP were advised by Houlihan Lokey and Trinity Advisers on the transaction.
King & Wood Mallesons provided legal advice to MCP and Russell Cooke advised the Company.
Launched in September 2011, MCP is an independent private capital group which invests in European small and medium-sized firms by providing debt and equity solutions to support the execution of strategic transactions including MBOs, MBIs, growth/development capital, refinancing and rescue financing.