LONDON, 28th September 2018: Metric Capital Partners LLP (“MCP”, or “Metric”), the European private capital group, has announced the completion of the sale of its investment in James Grant Group (“James Grant” or the “Company”). Metric’s credit and equity instruments have been realized through a sale of the Company to Trilantic Europe LLP (“Trilantic”), and the Company’s management team.
James Grant is the leading provider of integrated management and professional services for a global client base in the entertainment industry.
The sale follows Metric’s investment in the Company in October 2014 and marks the third realization in MCP Private Capital Fund II SCSp, which was launched in 2014.
John Sinik, Managing Partner of MCP, commented: “We are very pleased with our investment in James Grant and the returns that this transaction has generated. Through a successful buy & build strategy, James Grant diversified its geographic footprint into the US and expanded its service offerings into new verticals. Each of the key divisions of James Grant grew during our holding period, which ultimately enabled Metric to deliver strong returns to our investors”.
John Sinik (Managing Partner at MCP), Alastair Balfour (Partner at MCP), and Peter Cornell (Partner at MCP), represented Metric on the Company’s board during the life of the investment.
Lazard advised the Company on the sale, Deloitte advised on the staple financing, KPMG prepared the sell side due diligence, and DLA acted as legal advisor.
Launched in 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.
For further information please contact:
John Sinik, Managing Partner, Metric Capital Partners – Tel: +44 (0) 203 540 1550
Alastair Balfour, Partner, Metric Capital Partners – Tel: +44 (0) 203 750 9951