The Sasfin Specialised Lending team provided acquisition finance to a boutique financial services provider in South Africa to enable their acquisition of the entire shareholding in a company that offers importers and exporters a comprehensive set of services relating to incentives, customs duties and the like.
In addition, Sasfin provided a revolving term loan facility to the newly acquired business to fund their growth prospects taking the total exposure to the client to R50 million.
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