H.I.G.'s Bayside Capital Europe Refinances Amerplast Group with $500M Unitranche Loan
Event summary
- H.I.G. Bayside Capital Europe provided a five-year unitranche term loan to refinance Amerplast Group's existing debt structure.
- Amerplast, a pan-European flexible packaging manufacturer, operates five facilities and employs 470 people.
- The refinancing supports Amerplast’s growth strategy, including investments in sustainability, innovation, and automation.
- H.I.G. Capital manages $74 billion in assets across its global alternative investment platform.
The big picture
H.I.G. Bayside Capital Europe’s refinancing of Amerplast Group underscores the growing demand for flexible capital solutions in the sustainable packaging sector. The deal highlights how private equity firms are leveraging debt markets to support operational transformations and strategic expansions, particularly in industries with strong ESG tailwinds. With $74 billion in assets under management, H.I.G. continues to play a significant role in middle-market financing, positioning itself as a key player in the European special situations space.
What we're watching
- Execution Risk
- Whether Amerplast can sustain its EBITDA growth while expanding capabilities across Europe.
- Market Positioning
- How the refinancing will position Amerplast against competitors in sustainable flexible packaging.
- Strategic Expansion
- The pace at which Amerplast integrates new financing into its long-term growth plan.