365 Finance Secures £150M Debt Facility
Deal News | Feb 28, 2025 | EIN
Recent developments in the tech and finance sectors in Europe have highlighted significant investment and acquisition activities. A notable transaction includes Prosus' move to acquire the Amsterdam-based Just Eat Takeaway in a €4.1 billion deal. Additionally, 365 Finance has secured a £150 million debt facility, exemplifying substantial capital movements. The tech industry sees robust funding rounds with Flow48 expanding into Saudi Arabia with a $69 million Series A, and Shop Circle closing a $60 million round. New fund launches were also announced, such as Cambridge Innovation Capital's £100 million fund for deeptech and life sciences initiatives, targeting late-stage funding gaps in the UK. The article further discusses substantial investor interest in European tech with Thoma Bravo's €1.8 billion investment and IDC Ventures' €150 million Fund of Funds. Furthermore, the potential of emerging Web3 companies and European startups is underscored, reflecting a diverse and thriving innovation landscape.
Sectors
- Technology
- Finance
- Venture Capital
Geography
- Europe – Most of the activities described in the article, including M&A and tech funding deals, occurred in Europe, making it a relevant geographical focus.
Industry
- Technology – The article discusses significant technology sector funding and acquisitions, highlighting the focus on fintech, deeptech, and AI-powered solutions.
- Finance – Financial deals and acquisitions are a core part of the article, especially with debt facilities and investment funds being major points of discussion.
- Venture Capital – Numerous funding rounds and the establishment of large venture funds, such as those by IDC Ventures and Cambridge Innovation Capital, emphasize venture capital activity.
Financials
- €4.1 billion – Value of Prosus' acquisition of Just Eat Takeaway
- £150 million – Debt facility secured by 365 Finance
- €1.8 billion – Investment by Thoma Bravo in European tech
- $69 million – Series A funding secured by Fintech Flow48
- £100 million – Deeptech fund launched by Cambridge Innovation Capital
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| 365 Finance | Company securing debt facility | Company | A company that has secured a £150 million debt facility, highlighting financial activity in the European market. |
| Prosus | Bidding Company | Company | Prosus is acquiring Amsterdam-based Just Eat Takeaway in a significant €4.1 billion transaction. |
| Just Eat Takeaway | Target Company | Company | Amsterdam-based company being acquired by Prosus in a high-value acquisition deal. |
| Cambridge Innovation Capital | Venture Capital Firm | Company | Launched a £100 million fund focused on deeptech and life sciences. |
| IDC Ventures | Venture Capital Firm | Company | Announced a €150 million Fund of Funds, emphasizing investment in Europe's tech sector. |
| Thoma Bravo | Private Equity Firm | Company | Invested €1.8 billion in European tech, showing substantial capital investment in the region. |