Signalhorn Declares Metric Capital Partners Private Equity Investment
Published By : 08 Sep 2014 | Published By : QYRESEARCH
Signalhorn based in Backnang, Germany announced that the Metric Capital Partners (MCP) has provided the company with some capital. With this amount it will allow Signalhorn to expand its global business operations and venture into new markets.
MCP is a European private equity firm.
Signalhorn which is a privately secured company operates from its technical centers in Leuk, Switzerland, and Backnang, Germany providing terrestrial and wireless connectivity and customized communication solutions using satellite. The company has a wide range of customers from energy firms, private enterprises, government agencies and other retail and banking network segments worldwide.
Partner of MCP, Phil Dougall is happy to do business with Signalhorn and provide them the capital to expand their footprint in other new markets and build customers. He added that the lent investment to the company helps them execute their growth strategy and yield new opportunities in this modern telecommunications market.
CEO of Signalhorn, Robert Kubbernus said MCPs investment offer has come at the right time just when the company is in a very strong position to capitalize on the changes while continuing to offer services in satellite and telecommunications industry.
The Managing Partner of Metric Capital, John Sinik said financing Signalhorn forms MCPs second fund. MCPs investment with Signalhorn complies with the company’s investment strategy. It clearly exhibits the financing solutions in the mid-market of the European region, added Sinik.
Houlihan Lokey and Trinity Advisers advised MCP and Signalhorn in the investment transaction. Russell Cooke was in charge of handling legal matters for Signalhorn, while SJ Berwin King & Wood Mallesons provided advisory services to MCP.