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Travers Smith advises HSBC Innovation Banking on financing for the combination of three Nordic HCM platforms by Accel-KKR

Overview

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.

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