Corporate Law / Banking and Capital Markets Law, Financing26.11.2021 News
Oppenhoff advises MRH Trowe on debt financing from Bain Capital Credit
Oppenhoff advised MRH Trowe group, a leading industrial insurance broker in Germany, on its first international third party debt financing. The funding is being provided by London-based debt funds under the management of Bain Capital Credit as a unitranche syndicated loan facility. Its purpose is to finance the group’s further growth.
MRH Trowe group, with its registered seat in Frankfurt am Main, is one of Germany’s ten largest industrial insurance brokers. MRH Trowe offers extensive expertise in practically all areas of insurance to industrial and commercial customers as well as affluent private customers.
Bain Capital is an American financial investor with its headquarters in Boston and assets under management of 105 billion US dollars.
An Oppenhoff team led by the Frankfurt based partners Dr Markus Rasner (Corporate) and Dr Wolfgang Kotzur (Finance) comprehensively advised MRH Trowe. Advice on the financing was provided in collaboration with the London office of Proskauer Rose.
Oppenhoff has been advising companies from the insurance sector for many years and recently also advised the MRH Trowe Group on its growth partnership with AnaCap.