Syntaxis Capital Provides Financing for the Management Buyout of Expert Petroleum (CEE and CIS)
Source: Syntaxis Capital
Syntaxis Capital, a provider of mezzanine financing in Central Europe, has supplied financing to support the management buyout of Romania-based oil and gas services business Expert Petroleum. The transaction was structured through Sytnaxis Capital’s second mezzanine fund. Expert Petroleum intends to use the financing for the development of production-enhancement activities across Romania and internationally. Financial details of the transaction were not disclosed.