The CIT Europe Sponsor Finance team provides cash flow based senior debt, second lien, subordinated debt and equity co-investments supporting private equity investments in the middle market throughout Europe. We have completed more than 80 transactions in the last three years with more than 30 different private equity financial sponsors.
Who We Are
We are a team of over 30 professionals based in London committed to the private equity market and supporting the strong relationships we have with leading financial sponsors. We have many years of experience providing pan-European financing and have specialists in the Communications, Media, Entertainment and IT, and Aerospace and Defence sectors.
Our pre-screen procedure is fast, reliable and consistent as a result of our single committee credit-sanctioning process. Our customer focused approach to sponsor finance provides private equity clients with support from origination to a swift final approval.
The team is led by Chris Jackson, Managing Director who joined CIT in March 2006 and specialises in communications, media, entertainment and technology. Prior to CIT, he worked for Citigroup in London and Hong Kong covering structured corporate finance in the emerging markets and at Samuel Montagu/HSBC Investment Bank in specialised financing based in London whilst covering Western Europe.
What We Do
We concentrate on middle-market private equity funds with between €200 million and €1billion of committed capital, providing debt and equity to middle-market transactions throughout Europe. We have the ability to underwrite up to €500 million. We have access to significant capital and are willing to refinance or recapitalise portfolio companies owned by private equity firms.
We have the ability to provide cash flow and asset-based first lien debt, second lien and mezzanine. We provide funding for companies on various transactions, most commonly:
- Leveraged and management buyouts
- Acquisitions
- Recapitalisation
- Refinancing
- Turnaround financing
- Bridge financing
- Corporate leverage
- Balance sheet restructuring