About the transaction
BIL Corporate Finance is pleased to announce that it has acted as exclusive financial advisor to Prodware Group, a leading IT servicing company, in securing a €326 million syndicated financing package to support its strategic growth initiatives and strengthen its capital structure.
The financing was successfully arranged with a syndicate of leading international and regional lenders, with CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK (“CACIB”) & CAISSE REGIONALE DE CREDIT AGRICOLE MUTUEL DE PARIS ET D’ILE DE FRANCE (“CADIF”) Coordinators, Agent and Co-arranger, including COÖPERATIEVE RABOBANK U.A. (“RABOBANK”) and ING Bank N.V., French branch (“ING”) as Co-arrangers, ARKEA BANQUE ENTREPRISES ET INSTITUTIONNELS (“ARKEA”), BANQUE PALATINE, BANQUE POPULAIRE RIVES DE PARIS, BNP PARIBAS, BELFIUS, CAISSE D’EPARGNE ET DE PREVOYANCE GRAND EST EUROPE (“CE GEE”), CAISSE REGIONALE DE CREDIT AGRICOLE MUTUEL DE PARIS ET D’ILE DE FRANCE (“CE IDF”), LANDESBANK SAAR
(“SAAR LB”), SOCIETE GENERALE, ARKEA AM, LBP AM and TIKEHAU CAPITAL as Lenders. Demonstrating strong market confidence in Prodware’s business model and long-term prospects.
The package comprises a combination of term loans and revolving credit facilities, providing the company with enhanced financial flexibility and liquidity to pursue its strategic roadmap.
Stéphane Conrad, Deputy CEO & CFO at Prodware, commented:
“This financing marks a pivotal milestone for Prodware. It strengthens our ability to invest in innovation, scale our international footprint, and deliver high-impact solutions to our clients—while significantly reducing our financial costs. We are deeply grateful to our lenders for their trust, and we extend our sincere thanks to BIL Corporate Finance for their strategic insight, professionalism, and unwavering support throughout the process.”
Frédéric Cassani (Head of Corporate Finance), Haofeng Lu (Associate Director), Yann Raux (Analyst), at BIL Corporate Finance, added:
"We are proud to have supported Prodware in this landmark debt advisory transaction. The successful international syndication underscores the market’s recognition of Prodware’s strategic direction and operational excellence. This financing will provide the Group with the agility and resources needed to accelerate its transformation journey and deliver long-term value to its stakeholders."
Legal advisors
Legal advisors to the transaction included Ashurst for Prodware Group and De Pardieu Brocas Maffei for the lending syndicate, ensuring smooth execution and robust documentation of the financing package.
About Prodware Group
As a leading partner for mid-sized businesses, large enterprises, and public organizations navigating their digital transformation, Prodware drives value by offering comprehensive support throughout the entire process. Our expertise encompasses customized consulting, the development of high-value industry solutions, the implementation of ERP systems leveraging Microsoft, Sage, and IBM technologies, and the provision of complementary managed services.
With over 30 years of innovation and IT expertise, Prodware brings together a talented team of over 1475 professionals across 14 countries.
Listed on Euronext Growth since 2006, Prodware SA is eligible for the PEA PME (Equity Savings Plan for SMEs).
For more information go to: www.prodware-group.com
About BIL Corporate Finance
BIL Corporate Finance provides a unique offer combining financial advisory and lending services to entrepreneurs, corporates, and asset managers in support of their strategic transactions.quasi-equity, equity, M&A). We bring a wealth of experience in various projects, sectors, and geographies, covering the European market.
Our pan-European team of Corporate Finance experts delivers tailor-made solutions across the capital structure (senior-junior debt, quasi-equity, equity, M&A). We bring a wealth of experience in various projects, sectors, and geographies, covering the European market.
