Addleshaw Goddard Advises Revving on £100m Debt Raising Deal
London, United Kingdom – Leading international law firm Addleshaw Goddard has advised Revving, a fast-growing fintech scale-up, on securing a £100 million debt financing package led by asset manager DWS. Revving provides an innovative alternative to traditional invoice factoring for the adtech market. The debt funding will be invested directly into the UK adtech sector and wider digital economy to help ease cashflow pressures for UK digital businesses. The transaction supports Revving’s continued growth and strategic expansion, strengthening its financial position as it scales operations and enhances its market presence.
The Addleshaw Goddard team was led by partner Mike Davison, supported by Kayleigh Brady, Andrew Reeves, Mark Smith, and Stephen Smith. Their expertise ensured the successful structuring and execution of the debt financing, reinforcing the firm’s strong track record in advising on complex funding transactions.
This financing forms part of a broader investment round, which also included a £7 million Series A equity investment, advised by Marriott Harrison. The combination of debt and equity funding marks a significant milestone for Revving as it accelerates its business strategy and capitalizes on new market opportunities.
Mike Davison, Partner at Addleshaw Goddard, commented: