IK opts for institutions to finance Unipex buyout

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IK opts for institutions to finance Unipex buyout

Private equity firm IK Investment Partners has received an undisclosed amount of debt from Ares Capital and La Financière Patrimoniale d’Investissement (LFPI) to finance its buyout of French chemicals firm Unipex Group, as institutional lenders become a more popular option to finance mid-market LBOs.

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