Last year, Delamode Group was delisted from the London Stock Exchange through a take-private transaction led by BaltCap, a leading private equity investor in the Baltics. This new funding arrangement now provides a multi-purpose loan to strengthen capital foundation and accelerate shareholder value growth.
The deal marks ACP Credit's third transaction of the year and its first in Lithuania, expanding the fund's geographical footprint while continuing the rapid pace of funds deployment from Fund I.
Delamode is the forefront of freight forwarding and logistics services in the Baltics. The broader Delamode Group's operations span across the UK, the Baltics, the Balkans, Romania, and Bulgaria, focusing on logistics, warehousing, and associated services.
Sebastian Okinczyc, TGS Baltic Associate Partner, and Eglė Mikšytė, Legal Assistant, worked on this transaction. They advised the client on the preparation, negotiation, and perfection of the finance documents. Additionally, TGS Baltic provided guidance on the drafting of supplementary documents, ensuring comprehensive coverage of all necessary aspects of the financing transaction.
