Advising Greenbriar Equity Group on Refinancing of Acquisition of Frauscher Sensor Technology

Binder Grösswang advised New York-based private equity investor Greenbriar Equity Group in respect of the refinancing of its acquisition of Frauscher Sensor Technology.

In 2016, Greenbriar Equity Group in conjunction with the company’s existing management team has acquired Frauscher Sensor Technology, a leading provider of wheel detection, axle-counting, and tracking systems for the railway sector.

Binder Grösswang advised Greenbriar Equity Group comprehensively on the transaction structure and the negotiation of the Austrian law governed facilities agreement, demonstrating again the firm’s expertise in complex financing transactions. 

The Binder Grösswang team was led by partner Emanuel Welten, with support from senior associate Robert Wippel and associate Adrian Zuschmann.