Radius

Our role

Our UK Direct Lending team is pleased to have acted as lender, providing a £40 million commitment to support the refinancing and upsizing of facilities of Radius. The new commitment comprised £30 million from Investec Bank plc (“IBP”) and £10 million from Investec Bank Mauritius (“IBM”), as part of a wider lender group.

Radius has a strong track record of growth, underpinned by a highly recurring, cash-generative business model. Investec has an existing relationship with Radius, with the Direct Lending team having previously supported the business in 2021 through the provision of incremental facilities to fund bolt-on acquisitions. Investec has also maintained broader connectivity with the group through its Treasury Risk Solutions team, which has worked with a key subsidiary since 2013.

We are delighted to have supported Radius with this key strategic transaction, which demonstrates our ability to support complex, multi-lender transactions by taking a meaningful stake within a broader lending group.