Media release
LGT Private Debt arranges unitranche facility to support new partnership between Trill Impact and TT medic
LGT Private Debt has acted as lead arranger of a unitranche facility as TT medic and Trill Impact join forces to accelerate growth. TT medic is a full-service medtech development and manufacturing partner for high-quality polymer components for the life science industry.
Pfaeffikon and Frankfurt am Main, 30 April 2024. Founded in 2018 and headquartered in Austria with subsidiaries in Germany and Switzerland, TT medic is active in precision medical injection molding, specializing as a contract development and manufacturing organization in cleanroom processing of high-quality polymer components. The company covers almost the entire value chain, positioning itself as a fully integrated partner for medtech original equipment manufacturers. Strong engineering and research and development capabilities allow TT medic to support clients at an early stage of their product development and thus foster product innovation.
Yan Henrichs, Head of Private Debt DACH at LGT Capital Partners, commented: “We believe that TT medic is well positioned to continue its successful growth trajectory, building on its strong client relationships, medtech component expertise and highly complex solution offering. We are delighted to partner with Trill Impact as we share a common investment strategy to drive sustainable growth and generate social or environmental impact in selected industries."
Korbinian Knoblach, Partner and Co-Head of Private Equity at Trill Impact Advisory, said: “We are excited to collaborate with a partner that shares our vision for the company's future. The LGT Private Debt team quickly recognized the strong potential of TT medic. We appreciate their commitment to providing an effective financing solution that meets our growth ambitions and those of TT medic’s management team.”
Private debt is one of LGT Capital Partners’ areas of expertise in the field of private markets. The team has an average of 13 years of industry experience and is based in Paris, London and Frankfurt am Main. It has invested more than EUR 5.6 billion since 2005. As a specialist in the European private debt market, it arranged the first unitranche transaction in Europe in 2007.
LGT Capital Partners
LGT Capital Partners is a leading global specialist in alternative investing with over USD 100 billion in assets under management and more than 700 institutional clients in 44 countries. An international team of over 800 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies, as well as sustainable and impact strategies. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo and Sydney.
Sebastian Kistner
Head of Corporate Communications
IMPORTANT INFORMATION
AuM is estimated and subject to change. Private market assets are stated in terms of committed capital. This marketing material was issued by LGT Capital Partners Ltd., Schuetzenstrasse 6, CH-8808 Pfaeffikon, Switzerland and/or its affiliates (hereafter "LGT CP") with the greatest of care and to the best of its knowledge and belief. LGT CP provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this marketing material are those of LGT CP at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are unaudited. This marketing material is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financial instruments or services and does not release the recipient from exercising his/her own judgment. This marketing material may not be reproduced either in part or in full without the written permission of LGT CP. It is not intended for persons who, due to their nationality, place of residence, or any other reason are not permitted access to such information under local law.
