Altenburg Advisory (“Altenburg”) is delighted to have advised Aurias in arranging Unitranche facilities from Dunport Capital Management (“Dunport”) to support their investment in Saepio Solutions Ltd (“Saepio”).
Commenting on the new debt facilities, Daniel Cardenas-Clark, co-founder of Aurias said: “We are hugely excited to complete this transaction. We are very grateful to Altenburg for their dedicated end-to-end service and guidance to us throughout the debt raise. Their credit and structuring expertise, lender relationships and willingness to provide wider corporate finance support were critical in successfully completing this transaction.”
Adam Agius, Partner at Altenburg Advisory, said: “We really enjoyed working with Daniel and Amir and are delighted that they’ve been able to acquire an exciting business in the cyber security sector. Given the importance of the transaction to them we were privileged to be able to contribute to a successful outcome. We were able to quickly develop a deep understanding of the financing requirements and key credit considerations and efficiently arrange bespoke facilities with the most appropriate funding partner. We thank Dunport for their engagement and consistent approach throughout the transaction.”
Financial due diligence was performed by Saffery, led by Niraj Patel and Andrew Fraser.
Legal advice was provided by Shoosmiths LLP.
About Saepio Solutions Ltd
Saepio Solutions Ltd, founded in 2016, is a cyber security specialist providing consultancy and managed services alongside value-added reselling of software. Saepio’s primary objective is to help UK mid-market companies understand their risk position from an information security perspective and mitigate those risks with bespoke recommendations.
About Aurias
Aurias is an investment vehicle founded by Daniel Cardenas-Clark and Amir Nooriala to acquire, operate and grow a UK technology business. Aurias is supported by an investor based that includes Ethos Partners, Miramar Equity Partners and Maven Equity Partners. Following the acquisition of Saepio, Daniel and Amir have been appointed as co-CEO’s and will be supported by the existing management team including the co-founders.
About Altenburg Advisory LLP
Altenburg Advisory (“Altenburg”) is a specialist debt advisory firm that works with established businesses seeking debt financing to help them achieve their strategic objectives. Altenburg advises on structuring and arranging bespoke financing solutions, with a focus on leverage finance, speciality finance, asset based lending and real estate funding.