Media release

LGT Private Debt arranges unitranche facility to support Miura Partners’ acquisition of HTBA

LGT Private Debt acted as lead arranger of a unitranche facility as the private equity firm Miura Partners joins forces with HTBA to accelerate the company’s growth. HTBA is one of the leading manufacturers of value-added natural ingredients from citrus flavonoid extracts and vitamin B12 derivatives for a wide range of applications in the pharmaceutical, nutraceutical, food and animal nutrition industries.

Pfaeffikon, 14 January 2025. HTBA has over 200 employees and is headquartered in Barcelona, Spain. It has a production plant in Beniel, Murcia, Spain, and a subsidiary in Cincinnati, Ohio, US. Leveraging its pharmaceutical background, its product and process innovation capabilities and its state-of-the-art manufacturing facilities, the company has developed strong and longstanding relationships with clients in more than 60 countries around the world.

LGT Private Debt was already familiar with HTBA from a previous transaction. In 2019, the firm supported The Riverside Company’s acquisition of HTBA when it was formed from the carve-out of Grupo Ferrer.

Kevin Abrial, Partner at LGT Capital Partners, said: “We are pleased to once again support Miura Partners and HTBA as the company embarks on its next phase of growth. We believe that HTBA is well positioned to accelerate its expansion, building on its solid position in the pharma flavonoid segment on the back of its strong development over the past few years.”

Private debt is one of LGT Capital Partners’ areas of expertise in the field of private markets. The team has an average of 13 years of industry experience and is based in Paris, London and Frankfurt am Main. It has invested more than EUR 5.9 billion since 2005. As a specialist in the European private debt market, it arranged the first unitranche transaction in Europe in 2007.

LGT Capital Partners

LGT Capital Partners is a leading global specialist in alternative investing with over USD 100 billion in assets under management and more than 700 institutional clients in 44 countries. An international team of 850 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies, as well as sustainable and impact strategies. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo and Sydney.

Miura Partners

Miura Partners is a purpose-driven private equity firm. With offices in Barcelona and Madrid, the firm specializes in investing in small and medium-sized family-owned and entrepreneurial companies. Miura provides attractive growth and innovation plans with a clear focus on sustainability and internationalization. The firm currently manages assets exceeding EUR 1.5 billion and has completed more than 80 investments worth in excess of EUR 4 billion since its inception in 2008.

Kistner_Sebastian

Sebastian Kistner

Head of Corporate Communications

IMPORTANT INFORMATION

AuM is estimated and subject to change. Private market assets are stated in terms of committed capital. This marketing material was issued by LGT Capital Partners Ltd., Schuetzenstrasse 6, CH-8808 Pfaeffikon, Switzerland and/or its affiliates (hereafter "LGT CP") with the greatest of care and to the best of its knowledge and belief. LGT CP provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this marketing material are those of LGT CP at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are unaudited. This marketing material is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financial instruments or services and does not release the recipient from exercising his/her own judgment. This marketing material may not be reproduced either in part or in full without the written permission of LGT CP. It is not intended for persons who, due to their nationality, place of residence, or any other reason are not permitted access to such information under local law.

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