DLA Piper advises Teybridge Capital on closing investment by leading Spanish investor Baghdadi Capital

DLA Piper has advised Teybridge Capital, a leading provider of financial solutions and working capital to Small and Medium-sized Enterprises (SMEs) and corporates, on a strategic investment by Baghdadi Capital, a global independent family office, focused on working -capital strategies.

This investment will enable Teybridge Capital to accelerate its growth across Ireland and the United Kingdom and allow it to expand its footprint in the United States. Baghdadi Capital, in addition to its equity investment, will also facilitate a funding line of circa EUR50 million being made available to Teybridge Capital, scaling up to EUR500 million in line with the growth of the business.

Teybridge Capital Europe provides tailored working-capital and trade-finance solutions to SMEs and corporate clients in multiple sectors. The company’s proprietary BRIDGE platform has processed more than 12,500 transactions and funded over half a billion euros in trade-finance and working-capital loans across the UK, Ireland, and the US.

Baghdadi Capital, founded by the Spanish businessman, Baihas Baghdadi, has a focus on working capital, factoring, and selective strategic investments and currently manages circa EUR2.5 billion in assets.

A team from the Corporate practice in DLA Piper's Dublin office worked on the transaction led by David Carthy, Country Managing Partner, and senior associate Dara McDonald.