Altenburg Advisory (“Altenburg”) is delighted to have advised Amius, a leading provider of over-the-counter (“OTC”) risk management solutions in securing a $70m ABL facility
The debt facility from BZ, which is structured as a bespoke receivables facility, includes a $20m accordion and will provide Amius with the necessary capital to embark on its next phase of growth and expansion in both the UK and US, supporting the group’s liquidity, international presence and diverse client base.
Commenting on the new debt facilities, Matthias Bormann, CFO of Amius, said: “It was very important for us to select a partner that we can grow the business with. We were therefore looking for someone who could offer support and funding to achieve our ambitious targets. The advice and structuring expertise that we received from Altenburg Advisory was key to securing the funding. BZ was pragmatic and focused on arriving at a solution that works for both parties. Now, with this partnership and facility in place, we can confidently look to the future, continue our geographic expansion, build our client base, and substantially grow Amius’ business.”
Will Senbanjo, Partner at Altenburg Advisory, said: “We are delighted to have advised Amius in securing a facility that provides significant additional liquidity to support the business’s growth and its clients’ funding needs. This was a complex transaction, using a borrowing base of non-standard receivables as security. BZ’s ability to work collaboratively on a tailored solution ensured the successful delivery of this transaction.”
Robert Wakeford, MD at BZ commented: “It was great to work with Altenburg Advisory to structure this bespoke facility for Amius. We are delighted to support and back a high-quality management team with a funding facility that will enable them to deliver their strategic plan. This atypical asset-based lending deal underlines our commitment to creating financial solutions across all sectors.”
About Amius
Amius, headquartered in the UK, is an FCA regulated financial services company. Amius provides its diverse client base with a range of hedging products and services, enabling them to protect their business margins and manage commodity and FX pricing volatility. Amius specialises in OTC hedging products for clients in the agri-commodities space and brokerage services, with a focus on creating tailored solutions for its clients.
About Altenburg Advisory LLP
Altenburg Advisory 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.