Sheila Dean, Equiom’s Global Chief Executive Officer, says “The capital raised by this financing package will support continued investment in our infrastructure and will fund future acquisitions as we seek opportunities in our existing markets, enter new markets and acquire complementary businesses.”
The deal follows a period of sustained growth for the business, having met and exceeded its five-year plan in only 30 months.
Nick Evans, Director of Leveraged Finance at RBS, acknowledges this impressive growth, remarking “The Equiom team has worked exceptionally hard in recent years to not only secure high-quality acquisitions in key jurisdictions, but also continually drive organic growth.”
Mr Evans adds that “It has been a pleasure working with the board to construct a financing package that will allow management to continue to develop the business and deliver its growth ambitions in the years to come.”
With Lloyds Development Capital (LDC), Equiom’s equity partner, continuing to support Sheila Dean and her team, Yann Souillard, Managing Director of LDC’s Reading office, says that “…the additional debt capacity will help the business continue with its growth strategy.”