Dechert Advises Clanwilliam Group in Securing Successful Funding for Global Expansion
December 18, 2018
Dechert LLP has advised Clanwilliam Group, an international provider of healthcare technology and services headquartered in Dublin, Ireland, in relation to a €200 million debt placement with Alcentra. The funding will initially provide Clanwilliam Group with €200 million of committed capital to refinance existing facilities, in addition to near term acquisition opportunities. This is one of the largest refinancings to take place in Europe in 2018.
Dechert finance partner Philip Butler commented, “We are delighted to have acted for Clanwilliam Group in putting in place these new facilities from Alcentra, which will give the Clanwilliam Group significant firepower for its future growth plans.”
Clanwilliam Group has offices in seven countries and customers in over 20 countries. In the last five years, the group has acquired 16 businesses providing technology and services in primary and secondary care settings globally, from Dublin, Ireland, to Auckland, New Zealand.
The Dechert team was led by Philip Butler, with support from senior associates Smridhi Gulati and Andrew Papworth, and associate Ed Bartlett. Corporate partner Robert Darwin and associate Jamal Tuhin also provided support on the legal due diligence aspects of the transaction.
About Dechert
Dechert is a leading global law firm with 27 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.
