Summary
UK-based private company data platform Beauhurst has secured a £7 million non-dilutive growth credit facility from Palatine Growth Credit to fuel its aggressive expansion into continental Europe.
Summary of transaction details:
- Value: £7 million (Growth Credit Facility)
- Sector: Data Analytics / Business Services
- Advisor: Not disclosed
- Key Entities: Target: Beauhurst; Lender: Palatine Growth Credit; Key Backers: Charlie Songhurst (Angel Investor), Berggruen Holdings; Key Executive: Toby Austin (Founder & CEO)
- Location: London / Nottingham, UK (with offices in Berlin)
Note: Founded in 2010, Beauhurst provides decision-grade intelligence on private companies, with its platform widely utilized by major UK banks, Big Four advisory firms, legal practices, and government departments for due diligence, deal sourcing, and risk monitoring. The company has already established full coverage of over five million companies in Germany. This £7 million debt facility—provided through Palatine's Growth Credit Fund, which targets maturing, high-growth UK companies seeking capital without relinquishing further equity—will fund Beauhurst's immediate expansion into Ireland, with rollouts across France, Spain, and Italy expected to follow shortly.
Lead Investor / Acquirer
Palatine Growth Credit
Advising Broker
Undisclosed Firm
More from Palatine Growth Credit
Original Source
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