Thu 09/02/2021 09:28 AM
Relevant Document:FY’20 Results
Direct lenders and private equity are monitoring Ability Matters as the U.K. mobility assistance provider prepares to launch a sale process, sources told Reorg. The family owned business has minimal bank debt and direct lenders are angling to provide a unitranche to accelerate its growth trajectory, sources said.
Duff & Phelps is marketing Ability Matters off EBITDA of £9 million and is seeking to attract a valuation north of 12x, sources said. Prospective...
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