Debt financing to help Equiom achieve organic growth

Gowling WLG's corporate and banking and finance teams combined to assist longstanding client Equiom on securing an increase in its debt financing package to substantially expand its organic growth.

Partners Andy Stylianou and Kirsty Barnes worked with director Ed Hall, associate Mehdi Sharkarchi and paralegal Chelsie Taylor to negotiate and agree details of the new banking club. Existing members of the club RBS and Santander were joined by M&G and Lloyds Bank. Together they offered a debt finance package to support investment in Equiom's infrastructure and allow the business to further its growth strategy.

Prior to the agreement, and with assistance from Gowling WLG's team, Equiom managed to meet and exceed its five-year plan in just 30 months.

Sheila Dean, Equiom's Global Chief Executive Officer, said: "We have experienced significant growth over the past two and a half years, exceeding our expectations and have completed a number of successful acquisitions, both in Europe and Asia. Andy and the team at Gowling WLG have been by our side every step of the way with commercially-focused legal advice."

The full press release is available here.