Idinvest Partners has made three private debt financings, bringing it closer to full investment of its fourth direct lending fund. The France-based lender said it has invested €330 million so far this year across 15 companies in continental Europe. The firm closed its fourth fund in May this year, beating its €600 million target with a final close on €715 million. Idinvest has arranged a mezzanine facility for Burger King France and two unitranche financings. The first unitranche loan for translation agency Technicis to support its acquisition pipeline, and the second was made to HQ Equity to support its acquisition of the public transport system and communications businesses r2p and Open Access Pty.
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