Spring has completed an equity raise

November 2020 — The owners and management of Spring have completed a fundraising to support its growth strategy.

Spring, a new home-buying service, acts as the property purchaser, giving home sellers speed, certainty and confidence in the sale of their residential property. It actively supports both agents and property developers with sales and part exchange programs, particularly in challenging market conditions.

Our role in the transaction

Oaklins Cavendish, based in the UK, advised the owners and management of Spring on the successful raise of equity and follow-on debt.

Service

Funding, debt advisory & ECM

Parties

“We are delighted to have secured this transformational funding. The open market does not serve everyone and the funding enables us to provide a choice to many more sellers. We would also like to thank the team for their efforts – they provided invaluable advice and hands-on support throughout the process, providing us with a trusted advisor that saw the transaction through to completion.”

Cormac Henderson

CEO, Spring

Talk to the deal team

Peter Gray

Partner

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Ben Goldring

Partner

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

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