Acquisition of minority stake in Tinubu Square by Tinubu Square’s main shareholder

2014-Gimv-ENG Client Tibunu Square’s main shareholder
Deal Type Debt Advisory
Sector Business Services
Deal Tinubu Square’s main shareholder acquired a minority stake in Tinubu Square held by the Belgian Private Equity Fund GIMV. Tinubu Square is a credit risk solution provider

What we did:

  • Mandated to improve the financing and close the transaction in a very short time frame
  • Designed a deal structure enabling the founders to acquire GIMV’s stake with a low amount of new capital and a relevant amount of debt
  • Based on good knowledge of local banks and private banks, we have been able to build a solution with very good conditions (very low rates for such transaction, no covenant, no warranty) in a very short period of time (4 weeks), which was a key to close the deal on time