Debt financing of Eik Servering
Deal typeTransaction Services
IndustryProfessional Services
Sub-industryFood and drink
Client nameCheyne SVC LLP
BDO has provided financial due diligence in relation to Eik Servering's debt financing provided by Cheyne SVC LLP.
Cheyne SVC employs a value-oriented credit strategy, seeking to capture value in primarily European mid-market, sub-investment grade credit through two strategies. The SVC strategy seeks to capture value in stressed and distressed European credit, focusing primarily on the structural sell-down of non-core loans as well as dislocation driven opportunities. The SVC Hybrid Credit strategy provides bespoke and flexible capital solutions to predominantly founder-led and family-owned enterprises which exhibit a strong preference for debt-based or hybrid financing solutions to fund business development
The debt financing provided by Cheyne will enable Eik to finance additional acquisitions, strengthening their positions as a leading restaurant owner in Norway
Cheyne SVC employs a value-oriented credit strategy, seeking to capture value in primarily European mid-market, sub-investment grade credit through two strategies. The SVC strategy seeks to capture value in stressed and distressed European credit, focusing primarily on the structural sell-down of non-core loans as well as dislocation driven opportunities. The SVC Hybrid Credit strategy provides bespoke and flexible capital solutions to predominantly founder-led and family-owned enterprises which exhibit a strong preference for debt-based or hybrid financing solutions to fund business development
The debt financing provided by Cheyne will enable Eik to finance additional acquisitions, strengthening their positions as a leading restaurant owner in Norway