Apera supports refinancing of ONSKINERY with new debt facilities

Apera Asset Management (“Apera”), a pan-European private debt investor in the mid-market space together with Raiffeisenlandesbank Niederösterreich-Wien AG (“RLB”) proudly announces the arrangement of debt facilities for the refinancing of ONSKINERY Holding GmbH (“ONSKINERY” or the “Group”), a portfolio company of funds advised by Afinum Management GmbH (“Afinum”).

Apera together with RLB provided the financing, comprising a Unitranche loan in combination with Super Senior Term Loan and RCF Facilities in support of ONSKINERY’s refinancing, which has been tailored to support the Group’s further growth plans.

ONSKINERY is a leading full-service provider and license partner of hosiery products with a comprehensive product and brand portfolio including the Group’s own brand camano. The Group was founded in 1995 and works with a variety of blue-chip retailers across offline and online channels. ONSKINERY is headquartered in Pleinfeld near Nuremberg (Germany) and has >100 employees.

Dr. Jochen Klemmer, Senior Partner at Afinum, commented: “The swift and focused process run by Apera and RLB – together with a tailored financing package to provide ONSKINERY with an efficient capital structure for further growth – were the key reasons to aim for this solution. We are very pleased about the good cooperation and are looking forward to build a trustful partnership on that basis.”

Andreas Jauslin, CEO at ONSKINERY, said: “We are very satisfied with the partnership-based refinancing process and are excited to have an efficient financing structure which provides the business with a solid basis upon which we can pursue our growth objectives.”

Klaus Petersen, Partner at Apera Asset Management, said: “We are very pleased about the completion of this first transaction with Afinum and are impressed by the achievements of the ONSKINERY management team to date. We are looking forward to accompanying the Group on its way to further growth and to developing a trustful partnership with ONSKINERY and Afinum.”

You can download a PDF of the Press release here

About Apera

Apera is a pan-European mid-market private debt investor operating in the UK, the DACH region, the Nordic region, France and Benelux. The firm develops long-term partnerships with private equity investors, SME borrowers, and advisors by providing tailored financial solutions that meet both the operational needs and growth objectives of clients, whilst producing attractive returns. Apera is focused on bringing a new standard of transparency to the private debt market.