Hanab Secures €605 Million TLB Refinancing with Hogan Lovells

Deal News | Jul 09, 2025 | Hogan Lovells

In a strategic financial move, Hogan Lovells has advised European investor Triton and its portfolio company Hanab on a significant EUR 605 million Term Loan B (TLB) refinancing. Hanab is a prominent Dutch multi-utility service provider specializing in sustainable and digital solutions across energy, utility, connectivity, and building installation services. Triton, known for its sector-specific investment approach, acquired Hanab in 2024 with Hogan Lovells assisting in the acquisition financing. The refinancing deal underscores Hogan Lovells' commitment to long-standing client relationships and showcases their expertise in navigating complex market environments. The deal was expertly managed by Hogan Lovells' debt finance team, led by partner Wouter Jongen, with extensive support from their offices in Amsterdam, London, and Luxembourg.

Sectors

  • Financial Services
  • Energy and Utilities
  • Legal Services

Geography

  • Netherlands – Hanab is a Dutch company involved in the deal.
  • Europe – Triton, the private equity firm, is a leading European investor.
  • Luxembourg – Hogan Lovells' team involved counsels based in Luxembourg.
  • United Kingdom – Hogan Lovells' team involved support from their office in London.

Industry

  • Financial Services – The article involves a major refinancing transaction handled by a legal advisory firm on behalf of a private equity company and its portfolio company.
  • Energy and Utilities – Hanab operates as a multi-utility service provider focusing on energy and utility solutions.
  • Legal Services – Hogan Lovells provided legal advice and counsel for the refinancing transaction, highlighting their role in the legal sector.

Financials

  • EUR 605 million – The total value of the Term Loan B (TLB) refinancing deal.

Participants

NameRoleTypeDescription
Hogan LovellsLegal AdvisorCompanyAn international law firm providing legal counsel to Triton and Hanab in the refinancing deal.
Triton PartnersPrivate Equity FirmCompanyA leading European sector-specialist investor that owns Hanab.
HanabPortfolio CompanyCompanyA Dutch multi-utility service provider that underwent refinancing.
Wouter JongenLead PartnerPersonPartner at Hogan Lovells leading the debt finance team for the transaction.
Douglas GibbsCounselPersonCounsel at Hogan Lovells part of the team advising on the refinancing.
Alexander TanguySenior AssociatePersonSenior Associate at Hogan Lovells part of the team advising on the refinancing.
Nick CusackSupportPersonPart of the Hogan Lovells team providing support from the London office.
Alexander KochSupportPersonPart of the Hogan Lovells team providing support from Luxembourg.
Ariane MehrshahiSupportPersonPart of the Hogan Lovells team providing support from Luxembourg.
Martina BenackovaSupportPersonPart of the Hogan Lovells team providing support from Luxembourg.