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Barings supports Thoma Bravo’s acquisition of Mercell Holding AS

Barings has acted as sole lead lender of secured credit facilities in Thoma Bravo’s investment in Mercell Holding AS, a European provider of e-tendering and procurement systems.

Mercell, founded in 1999 and headquartered in Oslo, Norway, is the European market’s leading e-tendering software for public buyers and tender notification software for public sector suppliers. Mercell’s solutions help buyers and organisations cut costs, grow their businesses and boost efficiency. Its cloud-based platforms are responsive and accessible from anywhere, giving customers insights and transparency.
Barings acted as lead lender to Mercell and Thoma Bravo, providing senior secured facilities to support the take-private of Mercell as well as additional committed facilities to enable Mercell to further expand the group via in-organic growth opportunities across the European market. 

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