LPC-Inspecta buyout backed with 245 mln euros of loans

May 20, 2015 4:51 PM

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LONDON May 20 The acquisition of Finnish inspection and testing business Inspecta Group will be backed with 245 million euros ($271.73 million) of leveraged loans, banking sources said on Wednesday.

3i-group, which acquired Inspecta in 2007, agreed in April to sell the Helsinki-headquartered business to ACTA, a portfolio company of private equity firm NPM Capital. ACTA is a Dutch holding company of TIC companies Kiwa and Shield Group International.

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