June 7, 2021

Milbank Advises Investec Bank on Financing of the Acquisition of Salesfive by Armira

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Milbank advised Investec Bank plc as lender on the financing of Armira's acquisition of a majority stake in Salesfive Group, a leading digital transformation consultancy. The new debt financing includes a Term Loan B facility and a revolving credit facility.

Salesfive is a holistic digitization partner for companies of all sizes with extensive expertise and know-how in all Salesforce clouds. Headquartered in Munich, the company has five locations and is one of the top five full-service Salesforce partners in the DACH region with more than 600 customers and over 750 projects.

Milbank comprehensively advised Investec Bank on the financial aspects of the transaction.

The Milbank Team included Barbara Mayer-Trautmann, Jennifer Seipelt (joint lead) and Silvia Lengauer (all Finance, Munich).