GCA Altium acted as exclusive financial adviser to Heytex on the add-on financing of the acquisition of BondCote

GCA Altium acted as exclusive financial adviser to Heytex on the add-on financing of the acquisition of BondCote, a US-based manufacturer of coated and laminated fabrics as well as composite fabrics. BondCote’s products are used in particular for single-ply tents, transportation, military, environmental, agricultural, recreational, and athletic industries.

Heytex, which was acquired in 2012 by funds advised by Deutsche Beteiligungs AG, is a leading manufacturer of print media and technical textiles. The company’s products range from materials for trucks and other tarpaulins, advertising banners, large tents or party tents to technological premium-quality products, e.g. for biogas membranes or stadium roofing.

The acquisition of US-based BondCote will further strengthen Heytex’s footprint in the US market and support the company’s growth strategy.

Having advised Heytex’s refinancing after its acquisition by DBAG in 2012, GCA Altium was once again mandated to support the company on the add-on financing for the BondCote acquisition. GCA Altium structured and coordinated the financing discussions and advised Heytex on all commercial aspects of the transaction.

The transaction closed in January 2015.

Related Transactions

GCA is a trade name for GCA Corporation and its subsidiaries and other affiliates which include:

• GCA Advisors, LLC, a Delaware limited liability company, registered broker-dealer and FINRA (www.finra.org) and SIPC member firm (www.sipc.org). GCA Advisors, LLC provides independent financial advice on matters related to Mergers & Acquisitions, Debt Capital Markets, Recapitalization & Restructuring, Cross Border and Strategic Alliances, Special Committees, Private Funds, Private Placements and Venture Support. Check the background of GCA Advisors, LLC on FINRA’s BrokerCheck (brokercheck.finra.org).
• GCA Altium Limited, a company providing financial advisory services in the UK, Switzerland, Germany, Italy and Israel and incorporated under English law, is authorized and regulated by the Financial Conduct Authority in the United Kingdom and provides independent financial advice on matters related to Mergers & Acquisitions, Debt Capital Markets, IPOs, Recapitalization & Restructuring, Cross Border and Private Placements.
• GCA Corporation, a company incorporated in Japan which provides financial advisory services on matters related to Mergers & Acquisitions, Cross Border, Private Placements & IPOs, Growth Strategy Services, and Post-Merger Integration.
• GCA China Company, Limited, a company incorporated in Shanghai which provides financial advisory services in China on matters related to Mergers & Acquisitions, Cross Border, Mezzanine Financing, Growth Strategy Services, Due Diligence and Post-Merger Integration.
• GCA India Company, Limited, a company incorporated in Mumbai which provides financial advisory services in India on matters related to Mergers & Acquisitions, Cross Border, Mezzanine Financing, Growth Strategy Services, Due Diligence and Post-Merger Integration.
• AMPLIA, a subsidiary of GCA Corporation in Japan, provides Venture Support services in Japan and the US.
• GCA FAS, a subsidiary of GCA Corporation in Japan, provides Due Diligence advisory services and M&A transaction services.
• MCo Corporation, a subsidiary of GCA Corporation in Japan, provides Mezzanine Financing in Japan.