Growth financing

Forward the article

Bright Capital acts as sole lender to support expansion plans of Sopronem Greven GmbH

 

Bright Capital committed a growth financing facility to Quantum Capital Partners-owned Sopronem, a manufacturer of liquid detergents, care products and cleaning agents, as it continues its growth. Sopronem has undergone significant growth since the acquisition by Quantum Capital Partners (QCP) in 2018 and we are pleased to be providing new capital for the business as it enters the next stage of its development. This deal marks Bright Capital managed SME Debt Fund (Vintage II)’s 3rd transaction this year and 8th since inception. The capital provided by Bright Capital will be used for expansion of working capital and production facilities.

Sopronem is a leading manufacturer of liquid detergents, care products and cleaning agents. The Company is a one-stop solution provider and specialised in high-quality private label products, benefitting from highly automated and flexible machines. The Greven site was acquired by QCP in 2018 as part of an asset deal and has been continuously and sustainably developed.

This transaction demonstrates Bright Capital’s ability to perform deep-dive credit analysis into a complex credit story and provide a tailored financing solution to support the expansion plans of Sopronem.

 

Alexander Pröls, Investment Manager at Bright Capital: “Sopronem is a high-quality business which is well positioned to benefit from positive underlying growth trends in its markets. The company enjoys a well-invested asset base and a highly qualified team, and an experienced partner in Quantum Capital Partners. We are pleased to be able to support Sopronem and QCP and look forward to working closely with them both in the years ahead.”

Forward the article