Executing a transatlantic M&A strategy
UK-based BoClips, the world’s leading educational video platform, used venture debt to help fund a strategic acquisition in the United States.
As a trusted provider of video content for school and university curriculums, BoClips was looking to expand its operations in the United States. Acquiring Boston-based Listenwise, the US market leader in curriculum-geared podcasts, was the perfect opportunity to do so.
BoClips turned to Espresso for a £7 million credit facility to help fund the acquisition. The facility allowed the company to complete the transaction quickly, positioning it to offer an even more compelling solution, drive value, and unlock cross-selling opportunities.
Today, BoClips’ unique educational video and audio content offering is helping accelerate the company’s growth in the US and around the world.
£7 million Senior credit facility
Date of facility November 2021
Company profile BoClips is the world’s leading educational video platform
CEO and Founder, Boclips
Espresso has been great to work with. Their flexibility and experience played a critical part in our being able to successfully execute this important M&A transaction.