Funds advised by Permira Credit are acting as sole senior secured lender to Castik Capital’s acquisition of TBAuctions.
The support highlights Permira Credit’s focus on high-quality, growing tech-enabled businesses and builds on Permira’s proven track record of investing in marketplace platforms.
Founded in 2018 after the merger of Troostwijk Auctions (B2B auctions) and BVA Auctions (B2C auctions), TBAuctions is a leading online auction platform and marketplace active in the Netherlands, Belgium and Germany.
Collectively, the Permira Credit funds have invested approximately EUR13 billion since inception in a range of European debt products, including over EUR9 billion in European direct lending. Permira Credit has supported more than 300 companies across its strategies since its establishment in 2007.
