Financing provided by ESO Capital Group

Industrial
Financing provided by ESO Capital Group

Summary

Baird served as the exclusive debt advisor to Moventas on this transaction.

About

Moventas Gears Oy (‘‘Moventas’’ or ‘‘the Company’’), a Clyde Blowers Capital IM LLP (“Clyde Blowers”) company, recently completed a Financing Agreement with funds advised by ESO Capital Group (‘‘ESO’’). Terms of the transaction were not disclosed.

Moventas is a leading international developer, manufacturer and service provider of gearboxes to the onshore and offshore wind end markets. The Company offers a complete certified product range focusing on multi-megawatt gearboxes for wind turbines up to 8MW. It also provides gearbox replacement and upgrade services, workshop repairs, field service and aftermarket spare parts for the Company’s installed base of 14,000 units, as well as for third party gearboxes. Moventas is headquartered in Jyväskylä, Finland.

Clyde Blowers is a leading mid-market investor in Western headquartered industrial businesses providing engineered systems or components typically to the power, oil & gas, metals & minerals, petrochemical and water end markets. Clyde Blowers is headquartered in East Kilbride, Scotland.

ESO is a special situations investment management group. ESO manages funds on behalf of institutional investors and has approximately €375 million of assets under management. ESO provides financing solutions across the capital structure, typically targeting deal sizes up to €40 million. ESO is headquartered in London, United Kingdom.

For additional information about this transaction, please contact:

Paul Bail +44 (0) 207 667 8271
Nicholas Sealy +44 (0) 207 667 8370
Joseph Packee +1 414 298 7644
Tahseen Siddique +44 (0) 207 667 8402
Aadila Domah +44 (0) 207 667 8218
Industrial
Financing provided by ESO Capital Group
Date
January 2015
Company
Moventas Gears Oy
Transaction
M&A
Sectors
Industrial
Target Location
Europe
Acquiror Location
Europe

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