Travers Smith LLP has advised longstanding client HSBC Innovation Banking on the provision of a Senior ARR Term Loan and Working Capital Facilities, to support the combination of 4human, Eletive and tamigo by Accel-KKR. The combined group represents a leading Nordic human capital management (HCM) solution.
The Travers Smith team was led by Finance partner Will Sheridan and Senior Associate Jason Larkins, with support from Associate Phillipa Lamberton.
This is the latest of several transactions with HSBC Innovation Banking, including previously advising the bank on the financing of Battery Ventures acquisition of Signal AI.