JZ CAPITAL PARTNERS MAKES ITS FIRST INVESTMENT IN DENMARK
30 April 2015
JZ Capital Partners Limited (LSE:JZCP.L or "JZCP"), the London listed private
equity fund that invests in high quality US and European microcap companies and
US real estate, has acquired S.A.C, an operational van leasing company based
south of Copenhagen, Denmark.
Led by CEO Rene Ubbesen, who has been with S.A.C and its predecessor company
for over 20 years, S.A.C's business model is based on flexible short and long
term leases with an average lease period of approximately four years. Unique to
its industry, S.A.C controls the full life cycle of its product, including
procurement, financing, service & warranty and resale. We are backing a highly
experienced management team in the van leasing industry.
JZCP acquired 45% of S.A.C through its EuroMicrocap Fund for approximately
€2.8 million. Furthermore, JZCP also acted as mezzanine lender, providing
€4.8 million of direct financing to S.A.C.
David Zalaznick, JZCP's Founder and Investment Adviser, commented: "This
acquisition creates an opportunity to build a substantial asset backed balance
sheet of vans, with strong investment returns. We look forward to working with
the exceptional management team at S.A.C. to help grow their business."
Ends
For further information:
Ed Berry / Kit Dunford +44 (0) 20 3727 1143
FTI Consulting
David Zalaznick +1 212 4859410
Jordan/Zalaznick Advisers, Inc.
Andrew Maiden +44 (0) 1481 745368
JZ Capital Partners
About JZCP
JZCP is a London listed private equity fund which invests in high quality
microcap companies, real estate and other debt and equity opportunities
globally but with a particular focus on opportunities in the US and Europe. Its
corporate objective is to create a portfolio of investments providing a
superior overall return comprised of a current yield and significant capital
appreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers,
Inc. ("JZAI") which is led by David Zalaznick and Jay Jordan. They have worked
together for 30 years and are supported by teams of investment professionals in
New York, Chicago, London and Madrid. JZAI's experts work with the existing
management of microcap companies to help build better businesses, create value
and deliver strong returns for investors. JZCP, with the advice of JZAI,
targets predominantly private investments, seeking to back exceptional
management teams to deliver on attractive investment propositions. For more
information please visit www.jzcp.com.
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