We have advised Ansor LLP-backed FourCentric, a leader in procurement, supply chain, and operations improvement services, on raising acquisition facilities to support its buy and build strategy.
FourCentric unites the distinct strengths of six interconnected businesses, delivering end-to-end, tangible value across procurement, supply chain, operations, and analytics. With a focus on delivering strategic, high-impact services and solutions for businesses worldwide, FourCentric is committed to helping clients reduce costs, optimise operations, and transform their procurement, supply chain, and operations to achieve long-term success.
As a result of this, FourCentric has acquired Evolve Commercial Ltd (Evolve Commercial), a UK specialist in Commercial as a Service (CaaS), providing technology procurement and supply-chain support across both public and private sectors. The acquisition of Evolve Commercial enhances the company’s capability to help UK government departments and private organisations efficiently optimise contracting for high-value and complex projects.
The addition of Evolve Commercial enhances FourCentric’s ability to build long-term partnerships with clients by offering new ways to drive value and improve operational performance.
More about the process
Our Debt Advisory team ran a competitive process and secured a tailored debt financing solution from a number of interested lenders that met the needs of FourCentric's growth strategy.
The finance was secured from Beechbrook Capital, which provided day-1 funding for the acquisition of Evolve Commercial and follow-on committed facilities to support the M&A growth strategy. This funding will enable the business to build on its strong market momentum, execute expansion plans, and scale operations, marking an exciting milestone in the delivery of its strategic objectives.
