Vecos secures innovative financing with support from Ardian and Apera Asset Management
Deal News | Dec 13, 2024 | Apera Asset Management LLP
Apera Asset Management, a significant player in European private debt investment, has facilitated the financing of Vecos, a leader in smart locker systems, through funds advised by Ardian. Vecos, headquartered in Eindhoven, Netherlands, amalgamates advanced hardware with a SaaS platform to provide innovative solutions that aid companies in adopting ESG-focused strategies. The arrangements, developed with ABN AMRO, include a senior facility and a revolving credit facility, aimed at fueling Vecos's growth. Ardian’s Director, Florian Haas, expressed enthusiasm about the collaboration, viewing it as crucial for Vecos's strategy in the expanding smart locker market. Apera’s Partner, Eva Halbritter, emphasized their commitment to supporting Vecos's global reach and sustainability goals. Apera operates across various European regions, focusing on private debt investments with a commitment to transparency, handling 4.0 billion in assets.
Sectors
- Private Debt Investment
- Smart Locker Technology
Geography
- Netherlands – Vecos, the target company, is headquartered in Eindhoven, Netherlands, making it a geographical focus of the article.
- Europe – Apera Asset Management operates throughout Europe, reflecting a broader regional focus on European investment strategies.
Industry
- Private Debt Investment – The article focuses on Apera Asset Management's role in financing the acquisition of Vecos, highlighting its expertise in private debt investment within the European mid-market.
- Smart Locker Technology – Vecos's business revolves around smart locker systems and software, contributing to ESG-focused workplace strategies, which is central to the article.
Financials
- 4.0bn – Apera Asset Management currently manages assets worth 4.0 billion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Vecos | Target Company | Company | Vecos is a global leader in smart locker systems headquartered in Eindhoven, Netherlands. |
| Apera Asset Management LLP | Bidding Company | Company | Apera is a pan-European private debt investor involved in facilitating the financing of Vecos. |
| Ardian | Funds Adviser | Company | Ardian advises the funds facilitating the acquisition of Vecos, working with Apera and ABN AMRO. |
| ABN AMRO | Collaborative Financier | Company | ABN AMRO collaborated with Apera to provide a custom financing solution for Vecos. |