Revving Secures £100m Debt Financing with Addleshaw Goddard's Expertise
Deal News | Feb 19, 2025 | Addleshaw Goddard

Leading international law firm Addleshaw Goddard has advised Revving, a fintech scale-up, on a substantial £100 million debt financing deal led by asset manager DWS. The deal marks a significant milestone for Revving, which offers alternative solutions to traditional invoice factoring within the adtech sector. The raised capital will be pivotal in easing cashflow pressures for UK digital businesses, enhancing Revving's financial position and supporting its strategic expansion. The Addleshaw Goddard team, led by partner Mike Davison, played a critical role in structuring the transaction. The financing is part of a wider investment round, complemented by a £7 million Series A equity investment advised by Marriott Harrison. This combination showcases Revving's enhanced capability to exploit market opportunities and underlines the effectiveness of Addleshaw Goddard and Marriott Harrison in navigating complex financial transactions.
Sectors
- Fintech
- Adtech
- Legal Services
Geography
- United Kingdom – Revving and Addleshaw Goddard are based in London, and the investment targets the UK adtech sector.
Industry
- Fintech – Revving is a fintech company providing innovative alternatives to traditional invoice factoring.
- Adtech – The debt funding secured by Revving will be invested in the adtech sector to support digital businesses.
- Legal Services – Addleshaw Goddard advised on the legal structuring of the debt financing deal.
Financials
- £100 million – Debt financing package secured by Revving.
- £7 million – Series A equity investment as part of a broader investment round for Revving.
Participants
Name | Role | Type | Description |
---|---|---|---|
Revving | Target Company | Company | A fintech scale-up that offers innovative alternatives to traditional invoice factoring. |
DWS | Asset Manager | Company | Asset manager leading the £100m debt financing package. |
Addleshaw Goddard | Legal Advisor | Company | A law firm providing legal services and advice in structuring the debt financing for Revving. |
Marriott Harrison | Legal Advisor | Company | Advised on the £7 million Series A equity investment for Revving. |
Chris Pettit | Co-Founder and CEO | Person | CEO of Revving, overseeing the company's strategic growth and financing. |
Mike Davison | Partner | Person | Partner at Addleshaw Goddard leading the team advising Revving on the debt financing deal. |