EPE Administration secures acquisition funding from Santander
EPE Administration, a global provider of administration services, has secured new funding from Santander Corporate & Commercial to support the group’s buy-and-build growth strategy.
EPEA offers a comprehensive range of accounting and administration services to funds, corporates, family offices, charities and trusts. The group is headquartered in London with offices in Ireland and India and has over 100 employees.
EPEA is majority owned by EPIC Private Equity LLP (“EPE”), an independent investment management, advisory and placement firm established in 2001. EPEA’s clients benefit from the wider service offering, expertise and network access provided by EPE’s investment management and advisory divisions.
The Santander acquisition facility provides EPEA with access to debt funding to support acquisitions as part of the company’s buy-and-build strategy, targeting opportunities in both existing, and new markets and geographies. The company has a successful track record of integrating and growing acquired businesses by leveraging its proprietary digital technology platforms and efficient overseas processing capability.
Hiren Patel, director, EPE Administration said: “We are very pleased to have embarked on a new relationship with Santander. The team clearly understand our business and ambitions and has provided us with flexible facilities to help us take advantage of the exciting opportunities we are seeing for growth through acquisition. “
David Muse, director, growth capital, Santander Corporate & Commercial, said: “EPE Administration has a proven track record of success and growth and we are delighted that Santander is able to support their growth ambitions in a strong and international sector.”
The finance was provided by Santander’s Structured Finance team which supports SME businesses with their growth plans.