Novum Capital mandated by mezzanine investors

Novum Capital mandated by mezzanine investors in financial restructuring of Stabilus

Stabilus GmbH, Koblenz, develops, distributes and produces gas springs and hydraulic dampers. The company was founded in 1934 and employs today 2,800 employees in 11 production facilities worldwide. With a production of over 120 million units Stabilus is world market leader.

Stabilus was taken over by Paine & Partners LLC, a US private equity firm, from Montagu Private Equity in 2008.

Novum Capital a financing specialist for mezzanine and subordinated capital, has been mandated to advise mezzanine lenders to Stabilus on the restructuring of the company's balance sheet.