Bridgepoint Group Plc (GB:BPT) has released an update.
Bridgepoint Group Plc’s indirect subsidiary, Actium Bidco (UK) Limited, has secured interim financing for the acquisition of Alpha Financial Markets Consulting plc, solidifying the terms of the agreed cash offer announced on June 20, 2024. The interim financing includes a £220 million term loan and a £50 million revolving credit facility, with plans to transition to a senior facilities agreement for additional funding. This strategic move underscores Bridgepoint’s commitment to the acquisition, aiming to bolster its position in the financial consulting sector.
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