Clearwater International advises IDI on raising unitranche financing to support the acquisition of CDS Groupe

Clearwater International has advised IDI, a leading listed investment company, on raising unitranche financing for its acquisition of CDS Groupe.

CDS Groupe is a leading hotel booking platform dedicated to business travel. Based in Paris, the group has 30 employees for a business volume of approximately €90m in 2019.

The transaction is the first LBO for CDS Groupe. IDI has invested approximately €15m for a significant minority stake alongside the management team which remains the majority shareholder. This acquisition is also financed by unitranche debt provided by Access Capital Partners.

The transaction is a milestone and will enable CDS Groupe to accelerate its development and support its upcoming growth in Europe.

  • Image of IDI Company Logo
    raised an unitranche financing to support the acquisition of
    Image of CDS Company Logo
    Acquisition finance
    Undisclosed
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    Clearwater Rådgivere

    Adviser to IDI on raising an unitranche financing to support the acquisition of CDS Groupe

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