Nomura Holdings Inc. has underwritten the financing backing Hellman & Friedman LLC’s buyout of energy advisory firm Wood Mackenzie, according to two people with knowledge of the matter.
The buyout will be financed by 565 million pounds ($888 million) of loans, including 180 million pounds of mezzanine debt, said the people, who asked not to be identified because the deal is private.
Sankaty Advisors LLC, a unit of Bain Capital LLC, and an existing lender to Wood Mackenzie, is the leading investor in the new mezzanine debt, the people said. It was joined by Noonday Asset Management LLP and MezzVest, the people said. The deal is Sankaty’s second mezzanine investment in Europe in the past 12 months after funding HgCapital’s acquisition of IRIS Accountancy Solutions in December, said the people.
Charlotte McMullen, a spokeswoman in London for Hellman & Friedman, declined to comment on the debt financing.
Wood Mackenzie said today Hellman & Friedman agreed to take a 63 percent stake in the Edinburgh-based company while Charterhouse Capital Partners LLP will retain a 13 percent share. The transaction values Wood Mackenzie at 1.1 billion pounds, according to an e-mailed statement.
Charterhouse took control of Wood Mackenzie in 2009 in a deal that valued the company at 553 million pounds.