MADRID, 16 Abr. (EUROPA PRESS) –
The technology consultancy Sngular has signed a loan of six million euros with Banco Santander to continue making purchases, after exhausting the funds raised in the capital increase prior to the IPO in its latest acquisitions.
The company raised almost 18 million euros before going public on BME Growth and has invested it in the purchase of four companies last year (Corunet, Acilia, Atlera and Belike), as well as increasing its weight in its investee Teamlabs, to control the entire capital.
In total, the operations have involved a disbursement of 20.7 million euros, with Corunet as the main disbursement (10.2 million euros).
The companies acquired have contributed 15% of the 55% growth in group sales. Sngular has entered 92 million euros with an operating profit (Ebitda) of 13 million euros during its last year, the first as a listed company.
The six million euros of debt acquired are subject to a fixed interest rate of 2.75% and have a maturity of five years, as explained by the company in a presentation for investors.
After this operation, the company has 20 million euros of gross debt, divided between 14.9 million in debts with credit institutions and another 5.6 million euros corresponding to ‘other liabilities’, mostly pending payments from corporate operations.
