Ashurst advised debt fund Alcentra Capital Corporation (Alcentra) in relation to the financing of the acquisition of all shares in GBA Gesellschaft für Bioanalytik mbH (GBA) by private equity investor Quadriga Capital. The laboratory group was sold by finance investor Adiuva Capital GmbH and GBA's management. The parties agreed not to disclose the purchase price and the financing volume.

GBA is one of the leading laboratories in Germany, highly specialised in the analysis of food, environmental samples, consumer goods and pharmaceuticals.

The Ashurst team was led by the Munich-based finance partner Dr Bernd Egbers. He was assisted by counsel Carsten Endres, associate Isabell Pöller and transaction manager Susanne Kasnitz (all finance, Munich). Partner Holger Ebersberger (Munich) advised on corporate law, partner Heiko Penndorf (Frankfurt) on tax law.