Our long-term financing meets our partners’ long-term needs.
partner story


Managing Director and Majority Owner, Andrea Chalp, of CARCO, and Marie Fioramonti and Josh Shipley of Pricoa discuss financing CARCO’s first cross-border acquisition.
Companies, like yours, typically complete acquisitions with the goal of growing and responding to their customers’ needs more quickly. Through acquisitions, you can also access adjacent markets as well as diversify your customer base.

There are various alternatives for financing an acquisition, depending on the acquiring company’s situation and goals, and the acquisition finance structure can include a mix of funding sources. The most common alternatives for financing an acquisition include swapping stocks, cash, senior debt financing, mezzanine financing, leveraged buyouts, or equity.

We have experience working with companies of all sizes (EBITDA of US$8 million to sky’s-the-limit) from a range of industries to implement a customised acquisition financing solution that meets the objectives of management teams.
our people

Eyes on the horizon.

“We keep focused and committed to our and our partners’ shared future goals rather than react to temporary ups and downs.”

Vice President
Typical size
  • Senior debt: US$10 million - US$300 million
  • Subordinated debt: US$10 million - US$100 million
Typical uses
  • Middle-market companies with attractive growth prospects and positive cash flow
  • Incumbent management teams and active ownership with an economic stake in the company’s success
  • Minimum EBITDA of US$8 million
  • Generalist sector approach
Structural characteristics
  • Senior debt, alongside junior capital, for a seamless, one-stop solution with a single, relationship-oriented capital provider
  • Typical maturities: 3 – 25+ years
  • Flexible payment structures, including amortising or bullet, and fixed- or floating-rate
Issuer benefits
  • Capacity to fund across your capital structure; a one-stop shop with senior debt, mezzanine or subordinated debt, and preferred equity
  • Supportive, patient, relationship-oriented partner
  • Deep pockets to provide follow-on capital to fund your future growth
  • Industry agnostic, with deep experience financing manufacturing, service, and distribution businesses
Pricoa Private Capital structured a flexible, one-stop financing package for CARCO that included senior and subordinated debt as well as an accordion to facilitate future tuck-in acquisitions. The transaction was financed in two phases with the first phase closed in less than four weeks after terms were agreed.

Faced with a short deadline to close and the complexities of a cross-border and multi-phased transaction, CARCO chose to partner with us based  on our ability to move quickly, the certainty of execution afforded by a one-stop funding solution, multi-currency capabilities, local market presence, and deep experience investing in Italy.

Our long-term and patient funding provided an ideal platform to support CARCO’s management’s future growth ambitions across Europe, Asia, and the US.
“Pricoa gave CARCO the opportunity to execute its growth strategy in the US, reorganising and optimising the group capital structure to meet future opportunities.”
Andrea Chalp, Managing Director and Majority Owner, CARCO
contact us


We are excited to meet you and look forward to getting to know you. Please reach out with questions or just to say hi.

Contact us

Someone will get back to you as soon as possible.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
By submitting the form, I acknowledge the entered data will be retained by Pricoa Private Capital. Privacy Policy >
Pricoa Private Capital (‘PPC’) is a trading name of PGIM, Inc. (‘PGIM’), the principal asset management business of Prudential Financial, Inc. ('PFI'). Pricoa Private Capital registered in Ireland as PGIM Private Capital (Ireland) Limited, Pramerica Drive, Letterkenny Business and Technology Park, Letterkenny, Co Donegal, F92 W8CY, Ireland. Registered in Ireland under company number: 635793. Authorised and Regulated by the Central Bank of Ireland. In the United Kingdom (UK), and various other jurisdictions in Europe, certain investment activities are undertaken by PGIM Private Capital Limited, authorised and regulated by the Financial Conduct Authority, (registration number 172071). PGIM Private Capital Limited is registered in England No. 1331817. The registered office is Grand Buildings, 1-3 Strand, Trafalgar Square, London WC2N 5HR. PPC, Pricoa, PGIM and the Rock symbol are service marks of PFI and its related entities, registered in many jurisdictions worldwide. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

©2021, Prudential Financial, Inc. and its related entities. Your personal information may be stored and processed in any country where PGIM has facilities or in which we engage service providers and if you provide Personal Information to us you consent to the transfer of that information to countries outside your country of residence, including the United States, which may have different data protection rules than those of your country.