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New Deal


Announced

CREDITAS Group to acquire GGE from Infracapital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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electricity generation

Alternative Electricity

Acquisition

Majority

Cross Border

Slovakia

Private

Pending

Friendly

Single Bidder

Private Equity

Synopsis

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CREDITAS Group, a financial services firm, agreed to acquire GGE, a producer and distributor of electricity, from Infracapital, an investor in essential core infrastructure assets. Financial terms were not disclosed. "The management team has been instrumental in the transformation of GGE over the nine years of Infracapital’s ownership. We would like to thank them for their dedication and the fantastic EBITDA growth that has been achieved. The business is in great shape and is now strongly positioned as a key player in the Slovakian energy market. We wish the new owners every success in the future," Mark Chladek, Infracapital Head of Brownfield.

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