Deal announcement

goetzpartners advised YT Industries, a portfolio company of Ardian

15. September 2022

goetzpartners advised YT Industries, a portfolio company of Ardian, on the refinancing and increase of its working capital facilities

goetzpartners advised YT Industries GmbH (“YT”), an international and highly regarded premium brand for performance mountain bikes, on the refinancing and increase of its existing working capital facilities. YT is a portfolio company of Ardian, a world-leading private investment house with proven e-commerce and direct-to-consumer experience.

goetzpartners provided valuable support and advice to management and shareholders throughout the entire financing process from educating potential lenders over managing third-party advisors to giving key advice during the credit documentation phase. In addition to negotiating with incumbent lenders about the increase and extension of their commitment to YT, goetzpartners was further successful in attracting several new financiers to the transaction from its extensive network based on the unique market positioning of YT and its strong growth outlook. goetzpartners negotiated a substantial increase of the existing working capital facility at attractive terms and conditions, which will provide YT with a higher degree of flexibility to support the strong growth ambitions of the business over the next years.

goetzpartners acted as exclusive Debt Advisor to YT and Ardian. This transaction underpins goetzpartners' debt advisory expertise and strong execution capabilities as advisor of choice across Europe and within the consumer goods and e-commerce industry.

About YT Industries
YT Industries was founded in 2008 to give talented riders access to competitive dirt jump bikes. YT stands for Young Talent and reflects its founder’s approach to life: No matter the age, it is never too late to explore your hidden talent or passion and to try something new. It is never too late to LIVE UNCAGED. To this day, YT focuses on mountain biking and offers a wide range of products from downhill and enduro to trail bikes as a direct-to-consumer brand. YT bikes are distinguished by high quality for an exceptional price. Be it Red Bull Rampage, Downhill World Championships, or World Cups, YT bikes have dominated at world-class events and carried the best athletes to major titles.

About Ardian
Ardian is a world-leading private investment house, majority-owned by its employees, with assets of US$141bn managed or advised in Europe, the Americas and Asia. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base. Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world. Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 900 employees working from fifteen offices across the world.

Transaction Team

Philipp Widmaier
Managing Director

Maximilian Zeiler
Associate Director

Alexander Rabel