Bank refinancing · Enterprise software
Positive secures €106m refinancing for acquisitions
The bank refinancing supports continued growth of the marketing-software group formerly known as Sarbacane.
CIC led the financing, with Arkéa, Crédit Agricole, Caisse d’Épargne Hauts de France and Banque Populaire du Nord named participants.
Positive plans further acquisitions and growth. It reports €70m in revenue, mostly recurring, providing an existing operating base for the strategy.
The €106m is refinancing rather than a new equity round.
Use of funds
Finance acquisitions and continued growth
Funding history
Bank refinancing · This round€106M