Signalhorn Announces Private Equity Investment from Metric Capital
BACKNANG, GERMANY, September 16, 2014 – Signalhorn announced today that Metric Capital Partners (MCP), a European private equity firm, has provided capital that will allow Signalhorn to expand its global operations into new markets.
Signalhorn is a privately held company that provides highly secure, customized communication solutions using satellite, terrestrial and wireless connectivity from its technical centers in Backnang, Germany and Leuk, Switzerland. The Company’s customers include a wide range of government agencies, energy firms, retail and banking networks, and other private enterprises worldwide.
“We are thrilled to be partnering with Signalhorn and to provide the Company with the growth capital needed to expand its global footprint in order to service new markets and customers,” said Phil Dougall, Partner of MCP. “Our investment provides the Company with the necessary capital to execute its growth strategy and take advantage of the opportunities in today’s telecommunications market.”
Robert Kubbernus, CEO of Signalhorn, added, “MCP’s investment comes at an exciting time in the history of Signalhorn. With this investment, we are in a strong position to capitalize on the changes in the telecommunications and satellite industry while continuing to offer the secure, flexible and reliable services customers depend on.”
John Sinik, Managing Partner of Metric Capital, said the financing of Signalhorn constitutes the maiden investment of MCP’s second fund.
“This investment is fully in line with our investment strategy and clearly demonstrates the continued necessity for alternative financing solutions in the European mid-market,” Sinik said.
Signalhorn and MCP were advised in the transaction by Houlihan Lokey and Trinity Advisers. King & Wood Mallesons SJ Berwin provided legal advice to MCP and Russell Cooke advised Signalhorn on legal matters.
Signalhorn is a global provider of premium network services and communications solutions using terrestrial, satellite, and wireless technologies, with a 40-year history of continuous operations. The services and solutions encompass end-to-end network design and management, hosting & housing and scalable professional services. Enterprise, oil & gas, government, and NGO customers all rely on the round-the-clock, responsive services and dependable solutions to support mission-critical operations. With proprietary technical centers in Switzerland and Germany, Signalhorn customers benefit from secure and cost-effective connectivity via dozens of satellites and hundreds of points of presence around the globe.
ABOUT METRIC CAPITAL PARTNERS
Launched in September 2011, Metric Capital Partners is an independent private capital group which invests in European small and medium-sized firms by providing debt and equity solutions to support the execution of strategic transactions including MBOs, MBIs, growth/development capital, refinancing and rescue financing. www.metric-capital.com.