Pemberton provides financing to support Pamplona’s acquisition of EET Group in the Nordics

Pemberton, the leading alternative credit specialist, has provided financing facilities supporting Pamplona Capital Management’s (‘Pamplona’) acquisition of a majority stake in EET Group (‘EET’). This transaction represents Pemberton’s second investment with Pamplona as well as its third investment in the Nordic region over the last 12 months. Following Pemberton’s approach to ESG, the facilities include incentive mechanisms to encourage ESG-positive business practices.

Founded in 1986 and headquartered in Denmark, EET is a leading value-added distributor of specialist technology components and solutions with a growing presence across Europe. Active in 24 European countries, EET’s technical salesforce sells branded and private label products to a customer base of over 30,000 customers. The company has established and longstanding vendor partnerships and leverages its deep technical expertise to deliver a differentiated product and service offering to its customers.

EET is led by CEO Søren Drewsen and supported by a deep and highly experienced management team. The company employs over 600 people and generates revenues in excess of 500 million euros.

The company has grown from being a leading distributor in its core Nordic market to becoming a key partner to customers and vendors throughout Europe. EET has a proven acquisition track record and is committed to growing its capabilities both organically and through pan-European M&A in order to deliver a comprehensive product portfolio to its customers. The financing provided by Pemberton includes committed acquisition facilities to support EET’s M&A strategy.