Transaction
Transaction Details
Closed
June 18, 2020
Sector
Technology, Software, SaaS
Deal Type
Debt Advisory
GCA Advised Waterland on the Refinancing of Tineo Group and the Add-on Financing of Netrics
GCA supported Waterland Private Equity in establishing an attractive financing package, which allowed to refinance existing loans at Tineo Group as well as to finance the add-on acquisition of Netrics to create a leading Swiss ICT service provider.
Tineo and Nexellent previously entered a partnership to drive organic and inorganic growth, broaden geographical coverage and complete the product range.
Netrics extends the service portfolio through its expertise in consulting services and implementation, with a focus on digitalization using the public cloud. Netrics has considerable expertise in cloud management and is contributing its trend-setting modern workplace services. Tineo and Nexellent provide their own infrastructures and, through their partnership, had already bundled competencies in private cloud services, data centers and connectivity.
The growth potential of the new group is based on a strong foundation: the combination of proprietary, high-performance cloud, network and data center infrastructures with offerings from the public cloud, a complete consulting and service package with high vertical integration, a complementary customer base and a nationwide geographic presence.
GCA supported Waterland to establish a tailored financing package by a Swiss senior bank club that supports the strong growth of the new Tineo Group.
Related Transactions
Deal Type Mergers and Acquisitions
Sector Software, Technology
Deal Type Mergers and Acquisitions
Sector Semiconductors and Electronics, Technology
Sector Financial Technology, Financial Technology and Services, Insurtech (Insurance Technology), Software, Technology
Deal Type Mergers and Acquisitions
Sector Software, Technology