BPM Mezzanine Fund SICAV-SIF, SCA (BPM) supported the CEO of DenEesti in acquiring the company back in March 2018. The exit, which took place through refinancing from a local bank, marks a logical step in the development of the company.
Commenting on the deal, Partner of BPM Capital, Mr. Martin Reinson, noted that we would like to thank the CEO of DenEesti, Ryan Jenkins and his team for dedicated effort in managing and developing the company through rather turbulent times in the Baltic cruise industry. I am confident that DenEesti will continue to grow and lead the industry in this region.
CEO of DenEesti, Mr. Ryan Jenkins added: we thank BPM for this journey and appreciate very highly their responsiveness, professional approach and flexibility. With the help of BPM, we have managed to continue toward our goals of supporting sustainable cruise tourism, and we put ourselves on a strong foundation to develop the company further.
For further enquiries, please contact:
BPM Capital: Martin Reinson, tel: +372 605 0072, e-mail: martin.reinson@bpmcapital.eu
DenEesti: Ryan Jenkins, tel: +372 683 0790, e-mail: ryan@deneesti.ee