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Global Design Technologies

European Capital Invests €22 Million in Global Design Technologies

ECAS S.à.r.l, an indirect wholly-owned subsidiary of European Capital Limited (LSE: ECAS) (“European Capital”) announced today that it has invested €22 million in Global Design Technologies (“GDT”), the leading world provider of swaged permanent fittings for the aerospace industry.  The investment was led by the Paris office of European Capital Financial Services Limited (“European Capital Services”), the sub-investment manager of European Capital. European Capital’s investment supports the buyout of GDT by Bridgepoint Capital SAS (“Bridgepoint”) and takes the form of the purchase of a second lien facility. [more...]