Kape Technologies has secured new debt financing facilities

March 2020 — Kape Technologies plc has completed a fundraising that will provide a platform and liquidity for further growth over the coming years.

Kape Technologies provides innovative digital security and privacy software products to a largely consumer client base. Following its recent acquisition of Private Internet Access, Kape Technologies has agreed new facilities with a club of banks comprising of Bank of Ireland, Barclays Bank and Citi Commercial Bank.

Our role in the transaction

Oaklins Cavendish’s debt advisory team advised Kape Technologies Plc on securing new debt financing facilities.

Service

Funding, debt advisory & ECM

Parties

“We are pleased to have secured this debt facility with Bank of Ireland, Barclays and Citi. This facility not only supports our recent acquisition but further strengthens our balance sheet providing additional growth capital. This is a strong signal of support for Kape’s long-term success driven by its SaaS business model. We look forward to working alongside the Banks as we seek to create further value for all our key stakeholders as we expand our market reach.”

Moran Laufer

CFO, Kape Technologies plc

Talk to the deal team

Alistair Hay

Partner

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Related deals

Moneybox’s employee share sale has set another milestone for London’s Private Securities Market

Financial Services | TMT

Moneybox’s employee share sale has set another milestone for London’s Private Securities Market

The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.

Learn more

TA Associates has completed a sell-down of its stake in Eurowag

Private Equity | Business Support Services | Logistics | TMT

TA Associates has completed a sell-down of its stake in Eurowag

TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).

Learn more

DIGMATIX has entered the Czech market through the acquisition of LLP CRM

Private Equity | Business Support Services | TMT

DIGMATIX has entered the Czech market through the acquisition of LLP CRM

DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.

Learn more