Bain Capital Credit, LP (Bain Capital Credit), has agreed a funding line of up to EUR183 million for Linus Digital Finance AG (LINUS), a publicly listed real estate fintech business, as part of a broader strategic partnership.
The proceeds will be used to further accelerate LINUS’ financing operations in the UK and Germany, focusing on the mid-market real estate segment. There are significant deployment opportunities for LINUS and its investors as European construction activity continues to grow at a rate of about 7 per cent per annum, according to Eurostat, from a total annual volume of approximately EUR800 billion last year.
