Shirdi Inn Group has raised debt financing
The Shirdi Inn Group has raised US$6.25 million in debt financing.
The Shirdi Inn Group is a reputed hotel group based in Western India that is engaged in the business of owning, operating and managing multiple hotels and resorts. Currently, the company is running two hotels in Pune and Shirdi in Maharashtra, India. Facing tough industry conditions, the company had reached a one time settlement (OTS) with lenders.
Oaklin’s team in India worked with the company on realigning inter-company transactions, coming up with a robust structure facilitating the consolidation of debt at operating companies with commensurate cash flows in a door-to-door period of 30 days. The lender underwrote growing hospitality business cash flows and provided sound collateral backing, while taking advantage of a curated solution matching its business’ cash flow profile as a promoter.
Talk to the deal team
Related deals
Agrova International has acquired Sunrise Eggs
Agrova International, led by its founder Jurijs Adamovičs, has acquired 100 percent of the shares in Sunrise Eggs, a UK-based egg production and distribution company. This acquisition significantly expands Agrova’s operational footprint and strengthens its position as a pan-European player in the egg and egg protein industry. The transaction was supported with funding from Accession Capital Partners (ACP), a growth capital provider with experience in the agriculture sector.
Learn moreSmile Invest has secured debt financing for the acquisition of RB+ Groep
Smile Invest has successfully acquired a majority stake in RB+ Groep, a specialist in comprehensive fire prevention solutions operating under the brands Van der Aa, Firejob and Preficon Europe, with a strong focus on constructional fire prevention. This transaction supports RB+’s growth ambitions and enables the company to expand into adjacent and international markets.
Learn moreTheNativeFoods has sold a 60% majority stake to investors led by HCapital Partners
TheNativeFoods has entered a new growth phase following the sale of a 60% stake to HCapital Partners, alongside PCL Investments and Premium Peculi. The founding shareholder retains a 40% interest and will continue to lead the company as CEO to ensure a smooth transition and sustained expansion.
Learn more