Barings has acted as sole lead lender of secured credit facilities in Thoma Bravo’s investment in Mercell Holding AS, a European provider of e-tendering and procurement systems.
Mercell’s solutions help buyers and organisations cut costs, grow their businesses and boost efficiency. Its cloud-based platforms are responsive and accessible from anywhere, giving customers insights and transparency.
Barings acted as lead lender to Mercell and Thoma Bravo, providing senior secured facilities to support the take-private of Mercell as well as additional committed facilities to enable Mercell to further expand the group via in-organic growth opportunities across the European market.
Read more: Private Equity Wire
