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Acquisition of S.A.C.

30th Apr 2015 07:00

JZ CAPITAL PARTNERS LTD - Acquisition of S.A.C.

JZ CAPITAL PARTNERS LTD - Acquisition of S.A.C.

PR Newswire

London, April 29

JZ CAPITAL PARTNERS MAKES ITS FIRST INVESTMENT IN DENMARK 30 April 2015 JZ Capital Partners Limited (LSE:JZCP.L or "JZCP"), the London listed privateequity fund that invests in high quality US and European microcap companies andUS real estate, has acquired S.A.C, an operational van leasing company basedsouth of Copenhagen, Denmark. Led by CEO Rene Ubbesen, who has been with S.A.C and its predecessor companyfor over 20 years, S.A.C's business model is based on flexible short and longterm leases with an average lease period of approximately four years. Unique toits industry, S.A.C controls the full life cycle of its product, includingprocurement, financing, service & warranty and resale. We are backing a highlyexperienced 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: "Thisacquisition creates an opportunity to build a substantial asset backed balancesheet of vans, with strong investment returns. We look forward to working withthe exceptional management team at S.A.C. to help grow their business." Ends For further information: Ed Berry / Kit Dunford +44 (0) 20 3727 1143FTI Consulting David Zalaznick +1 212 4859410Jordan/Zalaznick Advisers, Inc. Andrew Maiden +44 (0) 1481 745368JZ Capital Partners About JZCP JZCP is a London listed private equity fund which invests in high qualitymicrocap companies, real estate and other debt and equity opportunitiesglobally but with a particular focus on opportunities in the US and Europe. Itscorporate objective is to create a portfolio of investments providing asuperior overall return comprised of a current yield and significant capitalappreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers,Inc. ("JZAI") which is led by David Zalaznick and Jay Jordan. They have workedtogether for 30 years and are supported by teams of investment professionals inNew York, Chicago, London and Madrid. JZAI's experts work with the existingmanagement of microcap companies to help build better businesses, create valueand deliver strong returns for investors. JZCP, with the advice of JZAI,targets predominantly private investments, seeking to back exceptionalmanagement teams to deliver on attractive investment propositions. For moreinformation please visit www.jzcp.com.

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