Unifiedpost Group, a global technology company headquartered in Belgium and publicly listed in the Netherlands, has announced within its most recent earnings report a €100 million (US$131 million) five-year Term Loan facility provided by Francisco Partners, a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. As part of the transaction, Francisco Partners will also obtain a 3% equity stake of the share capital of Unifiedpost. The funds raised will be used to refinance existing debt, support the Unifiedpost’s growth strategy, including R&D investments, working capital requirements, and fund potential future transactions to further expand its capabilities and geographical coverage. This will support Unifiedpost, active in 32 countries, to further develop and commercialize its secure, standardized, and scalable product offering to digitalize the financial supply chain of SMEs, midsized and large corporates.
Latham & Watkins LLP represented Francisco Partners in the transaction with a deal team led by London finance partner Hendrik Smit, Bay Area finance partner Haim Zaltzman, Frankfurt finance partner Alexandra Hagelueken, with London finance associate Zahra Haji and Frankfurt finance associate Levent Goekbuget. Advice was also provide on corporate matters by London partner Huw Thomas, and on tax matters by London partner Karl Mah, Bay Area tax partner Katharine Moir, and London tax associate Aoife McCabe.