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LGT Private Debt provides unitranche facility for Seven2’s acquisition of Fulgard

16 December 2024

Entities advised by LGT Private Debt acted as co-arrangers and co-underwriters of a unitranche facility to support the acquisition of Fulgard, a leading Italian workplace safety specialist, by private equity firm Seven2. The transaction closed in early December.

Fulgard offers integrated services in health and safety for its clients’ workforce. With headquarters in Vicenza, Italy, Fulgard provides regulated installation and maintenance fire safety services and manages mandatory occupational services for corporate clients. Strengthened through its acquisition by Seven 2, Fulgard now aims to accelerate its organic growth and the market consolidation in the workplace safety sector.

Kevin Abrial, Partner at LGT Capital Partners, said: “We look forward to supporting Seven2 and Fulgard in the next phase of the company's development. Fulgard has extensive expertise and is well positioned with its ‘one-stop shop’ offering for the growing Italian workplace safety market. We have previously partnered with Seven2 on several transactions, and we value its hands-on investment approach and sector expertise.”

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.

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