Idinvest Partners provides unitranche financing to HQ Equita's acquisition of r2p GmbH and Open Access Pty Ltd
Idinvest Partners has provided unitranche financing for the acquisition of two companies by HQ Equita Beteiligungen V GmbH & Co. KG, advised by HQ Equita GmbH ("HQ Equita").
HQ Equita announced the acquisition of a majority stake in German r2p GmbH, a globally active provider of IP-based system solutions for public transport, from Swedish investor Alder Fund I AB ("Alder"). Simultaneously, HQ Equita will acquire Open Access Pty Ltd ("Open Access"), an Australian provider of technology and solutions for integrated passenger information and audio communication systems in the public transportation space, to become a subsidiary of r2p, thereby extending the group's global reach to Australia, Southeast Asia, and North America.
This transaction marks Idinvest Partners' fourth new Private Debt investment in Germany in 2018.