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Deep Verge

Updated: Nov 1, 2022

March 17 2022 - RiverFort Arranges New £25M Credit Facility for Deepverge, a Previous Portfolio Company.

Having previously arranged a £3M facility for Deepverge back in July 2020, RiverFort has now arranged and participated in a new 12-month mezzanine loan note for up to £25M, available for 3-years. DeepVerge drew down £4M immediately to acquire Glanaco Limited, an engineering services company, with the remaining funds being used for DeepVerge’s US expansion.

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