News

Efficio completes £80m club refinancing

9 Dec 2021

Efficio, the leading global procurement consultancy, has completed an £80m refinancing with HSBC UK, Siemens Bank, and M&G Investments. This is Efficio’s second transaction in the past twelve months, having successfully conducted a management buyout in January 2021.

Proceeds from the transaction will be used to create capacity for continued investment and return value to shareholders, as well as to refinance existing facilities.

Featured in The Sunday Times HSBC International Track 200, the FT:1000 list of Europe’s fastest-growing companies, and the Financial Times’ list of Leading Management Consultants for the fourth year in a row, Efficio operates across 12 offices in Europe, North America, and the Middle East and has grown rapidly since its inception in 2000. Its consultants help procurement functions become high value-generating functions for their businesses, driven by Efficio’s proprietary eFlow platform, which connects the expertise of its people, its best practice hub, and progressive technology to support clients across the procurement lifecycle.

PwC advised on the transaction, providing debt and capital advisory, financial due diligence, tax, and accounting structuring advice. Wallace LLP provided legal advice, and Addleshaw Goddard LLP provided legal advice to the Lenders. 

This refinancing gives us the platform to deliver on the numerous exciting growth opportunities in front of us. The past twelve months have seen increasing focus on effective procurement, global supply chains, resilience, and sustainability, which is precisely where Efficio is able to support its clients. We were delighted to work with our existing bankers HSBC, as well as Siemens Bank and M&G Investments in joining our enlarged Lending group.

Jens Pedersen, CEO, Efficio

For more information, please contact:

Christina Stone                                                                                                                           
PR & Content Manager                                              
Efficio                                                                                         
+44 7866 156 023                                                                     
Christina.Stone@efficioconsulting.com             

Katie Elliott
PR & Content Coordinator
Efficio 
+44 (0) 7973 726 642
Katie.Elliott@efficioconsulting.com