Funds advised by Permira Credit support Astorg’s acquisition of Xceptor, a global leader in the end-to-end, no-code process automation market14 May 2021
Permira Credit, one of Europe’s leading specialist debt investors, today announced that funds it advises are acting as senior secured lenders to Astorg’s acquisition of Xceptor from CBPE Capital. This transaction highlights Permira Credit’s focus on supporting high quality growing businesses in the tech sector.
Founded in 2003 and headquartered in the UK, Xceptor is a fast-growing software business operating within the high growth intelligent data automation space, combining a highly scalable, next generation technology platform with deep financial sector domain expertise. The company employs c.160 people across five global offices, and serves a diversified global blue-chip base of banking, financial services, and insurance customers, who utilise the Xceptor no-code platform to re-engineer and automate an unparalleled breadth of end-to-end processes.
Collectively, the Permira Credit funds have invested approximatively €13bn since inception in a range of European debt products, including over €9bn in European direct lending. Permira Credit has supported more than 300 companies across its strategies since its establishment in 2007.