Ashurst advised Armada Credit Partners (Armada) as lender on the financing of the acquisition of inopla GmbH by Rigeto Unternehmerkapital GmbH (Rigeto). The parties have agreed not to disclose the terms and conditions of the financing.
Founded in 2008, Düsseldorf-based inopla GmbH is an owner-managed full-service provider of intelligent telecommunications solutions for companies of all sizes. Munich-based Rigeto was founded in 2013 and invests private assets of entrepreneurs and entrepreneurial families in well-established mid-sized companies in the German-speaking region.
Armada with offices in Helsinki and Stockholm is an independent credit financing provider for small and mid-sized businesses in Northern Europe. Established in 2000, Armada has invested in more than 40 companies from funds with a combined capital base exceeding €400m.
The Ashurst team was led by partner Dr Matthias Weissinger. He was assisted by senior associate Franziska Sauer and transaction lawyer Ariana Fazlic (all Global Loans, Munich).
Ashurst’s German banking and finance practice advises both banks and alternative lenders, private equity investors and companies on domestic and cross-border acquisition, real estate, asset and infrastructure / project finance as well as on financial restructuring and corporate lending.