Indigo Capital reveals €300m fund close as Alantra Capital buys up 49% stake in firm

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Indigo Capital has revealed it closed its second flagship fundraise on €300m amid an announcement of a 49% buyout of the French firm by Alantra.

Pan-European debt investor Indigo specialises in the financing of small and medium-sized European businesses worth between €20m and €300m through a combination of private bonds and preferred equity.

The investment sees the assets under management of Alantra and its affiliates grow to more than €1bn, covering private debt strategies including senior debt, unitranche and private bond solutions to corporates and long-term flexible financing for real estate companies.

Indigo CEO Monique Deloire said, “The successful closing of this transaction is an important step in Indigo’s growth story as it will provide the financial means and institutional support of a partner with a proven experience to develop international and diversified businesses while guaranteeing the long-term independence of Indigo.

“At the same time, the agreement will further align interest with investors in our firm and enhance the ability to offer attractive opportunities for our senior team.”

Indigo has raised more than €800m targeting SME financing deals since it was founded in 2000.

Alantra’s assets under management in direct investments stood at €2.4bn in June, while funds raised since inception in funds of funds, co-investments and secondary funds stood at €10.8bn.

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