Syntaxis Capital
Syntaxis Capital U.F.B. GmbH is a private equity firm specializing in mezzanine, growth capital, mature, recapitalization, secondary investments, and junior capital investments in middle and lower middle market companies. The firm invests in structured acquisitions including management buyouts and leveraged buyouts; buyins; financing expansion for or acquisitions by established companies; replacement capital; delisting; and financing capital reorganizations for investor liquidity or to extend maturities of existing debt profiles. The firm does not invest in real estate, start-ups or greenfield projects, sales-driven turn-arounds, alcohol, tobacco, and firearms. It seeks to invest in business and industrial products and services, communications, computer and consumer related, consumer goods and retail, consumer services, energy and environment, financial and business services, healthcare, TMT, transportation, railroad equipment, cable, and generic pharmaceuticals. It invests in companies based in Central and Eastern Europe, Africa, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Estonia, Hungary, Latvia, Lithuania, Romania, Slovania, Ukraine, including the countries which are new members of the European Union. The firm makes investments between €5 million ($6.77 million) and €20 million ($27.20 million) in private companies with average investment amount being €11.6 million ($12.52 million). It invests in companies with enterprise values between €50 million ($68.01 million) and €300 million ($408.06 million), average enterprise value being €92 million ($99.79 million) and EBITDA greater than €2 million ($2.32 million). The firm makes 52 percent average equity contribution in its investments and takes a multiple of 2.4 as average senior leverage. The firm focuses on investment fundamentals and credit analysis. Syntaxis Capital U.F.B. GmbH was founded in 2006 and is based in Vienna, Austria with additional offices in London, United Kingdom; Johannesburg, South Africa; Lagos, Nigeria; Warsaw, Poland; St. Peter Port, Guernsey; and Istanbul, Turkey.
