MGG Investment Group reveals stake in large but unspecified US concessions business

USA. MGG Investment Group (MGG) announced today that it has invested in one of the largest airport concessions businesses with “hundreds” of locations across the United States.

It did not specify the identity of the company. The Moodie Davitt Report is seeking further information and will bring you more details in due course.

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“This investment showcases MGG’s core direct lending strategy as well as the firm’s ability to source attractive and growing businesses in the US middle market,” the company said.

MGG, founded in 2014, describes itself as a private investment firm that provides bespoke investment solutions to mid-size and growing middle market companies. ✈

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