Charles Russell Speechlys advises on the sale of Creditcall
Charles Russell Speechlys has advised long-standing clients FPE Capital and Bestport Ventures on the sale of Creditcall to US trade buyer NMI, which is backed by Francisco Partners and Great Hill Partners.
Creditcall offers omni-channel payment gateway services for clients including independent software vendors, sales organisations and payment institutions.
Charles Russell Speechlys originally advised on the management buyout of Creditcall in 2012 which was backed by FPE Capital and Bestport Ventures who subsequently realised a 4.2x return on the sale.
Partner, Adam Crossley, commented: “Having advised FPE and Bestport on the management buyout in 2012, we were delighted to have seen them right through the investment lifecycle to a successful exit”.
Dan Walker, FPE Capital commented: “Adam, Lucy and the team at Charles Russell Speechlys did a great job. From the preparation phase, right through to negotiation of terms and documentation with our preferred US buyer”.
The Charles Russell Speechlys core team comprised Adam Crossley, David Coates, Lucy Thorpe and Georgina Harris.
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