Tower Partners, a private investment bank and advisory firm serving the middle market, assisted U.K.-based Lendscape, a global company in working capital finance technology and backed by Bowmark Capital, with its acquisition of WinFactor, a provider of factoring software solutions based in Lakeland, FL.
As the exclusive buy-side advisor in this transaction, Tower Partners provided Lendscape with market mapping, valuation guidance, offer evaluation and additional strategic services. Tower Partners was also instrumental in helping Lendscape navigate the complexities of this international acquisition.
“We are proud to have advised Lendscape on this important cross-border transaction,” Raphael Fahrwald, managing director at Tower Partners, said. “WinFactor’s strong reputation in factoring software complements Lendscape’s broader secured finance technology platform, creating a highly synergistic combination that will benefit customers globally.”
Martin Morrin, CEO of Lendscape, said, “This acquisition marks an important milestone in our North American expansion strategy. By combining WinFactor’s long-standing expertise in factoring technology with our global platform, we are able to deliver even more value and innovation to our clients and stakeholders while shaping the future of receivables finance. We also want to express our gratitude for the guidance, expertise and deep understanding of our industry Raphael and his team brought throughout this entire process, from start to finish.”
Patrick de la Roza, CEO of WinFactor, concluded, “We are excited to become part of the Lendscape family. Our customers will continue to benefit from the service and reliability they know us for, while gaining access to an expanded product suite and the scale of a global technology leader. This partnership ensures we can support our clients’ growth for decades to come.”
Legal representation for Lendscape was provided by Troutman Pepper Locke. QoE for Lendscape was provided by BDO USA. Fernández Legal provided strategic business legal counsel for WinFactor.
