Minority Recapitalisation

Pricoa Capital Provides Financing to Facilitate a Minority Recapitalisation and Support Management Team

Established in 1991, HH Global is a leading provider of marketing execution solutions for print, secondary packaging and creative production services. Headquartered in Leatherhead, UK, the company has a presence in more than forty countries across EMEA, the Americas and Asia Pacific.

In September 2017, Pricoa Capital Group completed a one-stop financing to facilitate the minority recapitalisation of HH Global. The new capital will be used to fuel HH Global’s organic growth, fund potential acquisitions, provide partial shareholder liquidity and support an ownership transition. This will enable greater ownership with the extended leadership group, who will be driving the business forward. Pricoa Capital Group was attracted by HH Global’s excellent position in the market, strong performance momentum and experienced management team.

HH Global chose Pricoa Capital Group as a financing partner due to its relationship approach and ability to structure a bespoke transaction enabling the company to achieve objectives on their timeframe. The patient nature of Pricoa Capital Group’s financing solution will support HH Global’s long-term growth plans.

Pricoa provided senior debt, a senior accordion and subordinated notes. HSBC provided a senior working capital facility.

Advisors to the transaction included EY LLP, Osborne Clarke LLP and Morgan, Lewis & Bockius LLP.