Alantra advises commercial finance technology leader Lendscape on an investment from Bowmark Capital



Jul 2023
Sell-side advisory

London – Alantra, the global investment banking firm, has advised Lendscape, a leading technology provider to the global secured commercial finance market, on a significant investment from the mid-market private equity firm, Bowmark Capital.

Lendscape’s software and technology underpin the secured lending offerings of over 120 banks and financial institutions worldwide.  Its platform supports the management of over $200 billion of lending annually, ensuring the fulfilment of the complex operational, reporting, data and security requirements of commercial lenders, spanning invoice, supply chain and asset finance.

Founded in 1972, Lendscape has attained a leading market position through its proprietary technology, high quality service offering and deep market knowledge. The company has also consistently innovated to meet the growing global demand for secured lending as finance providers scale and digitalise their operations.   

The deal team advising Lendscape was led by Oliver Parker and Steve Currie.  

Oliver Parker, Managing Director in Alantra’s Technology team, said, “It was an absolute pleasure to have supported the Davison family and Management on this important transaction to find a partner to help deliver Lendscape’s exciting growth plan. Having already established themselves with a market-leading receivables finance platform, the development of a modern, cloud-native asset finance solution provides the opportunity to build a truly global business with the most comprehensive software solutions across secured commercial finance. In Bowmark, they have a partner that brings a strong cultural fit, a shared strategic vision and the expertise to help deliver both the organic plan and support with future M&A.”

Kevin Day, Lendscape Chief Executive, said, “Having developed a relationship with the Alantra team over a period of time, we decided to select them as our adviser subsequent to a competitive pitch process due to their deep understanding of the receivables finance market, dedicated fintech sector coverage and M&A track record. The team provided invaluable advice and guidance across all stages of the transaction, from detailed process preparation to investor screening and M&A execution, delivering a highly successful outcome on an accelerated timeline.”

Tom Shelford, partner at Bowmark, commented, “Lendscape is a technology leader with an outstanding reputation for service excellence and technical expertise, and a track record of double-digit revenue growth.  We look forward to working with the team to support the company’s next stage of growth through investment in product development, international expansion and strategic acquisitions.”

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