Armada Fund V has closed its fourth investment and provided financing in support of the acquisition of Global Attractions SPI by Accent Equity.
SPI is one of the pioneers and a leading manufacturer & supplier of equipment for indoor playgrounds and other leisure related activities, providing turn-key solutions to e.g. Family Entertainment Centres, hotels, airports and restaurants. SPI’s expertise, quality and full-service capabilities have secured the Company a position as European market leader. In addition to the acquisition financing, Armada is supporting the business with further expansion capital.
“We are excited to support SPI and have great confidence in the company’s management and Accent Equity. We find this an attractive investment opportunity given the growth trends and defensive characteristics of the underlying industry, the market leading position of SPI as well as the potential to accelerate international growth”, says Jan Wiklund, joint Managing Partner of Armada Credit Partners.
For more information, please contact:
Jan Wiklund tel. +46 70 551 4054 at Armada Credit Partners, Stockholm branch.