Carnegie acted as exclusive financial adviser to the Ageras group
The RiverRock European Opportunities Fund II has entered into a EURm double-digit credit facility agreement for the Ageras group. Carnegie acted as exclusive financial advisor to the Ageras group in securing the facility, which will support a growth strategy in current and new markets across the Ageras group.
About the Ageras Group
The Ageras group revolves around a leading accounting ecosystem featuring the Ageras marketplace, Billy and Meneto in concert addressing the changing dynamics of the professional service market and increasing digitalisation and automation of SME’s financial reporting. The group offers the largest online marketplace in Europe for professional service leads, fully open REST-API accounting SaaS and automated bookkeeping services. Currently the group is represented in five European countries and the United States. At the time of the transaction, the Ageras Group featured ~5,000 monthly signups, +1,000 partners and ~20,000 active users on its accounting solutions.
About the RiverRock European Opportunities Fund II
The RiverRock European Opportunities Fund II is an Ireland-based private debt fund investing long-term committed capital across Europe. Under its mandate the fund provides patient capital to small- and medium-sized companies with proven business models and strong management teams, with a focus on growth and value creation.