Hogan Lovells advises AshGrove Capital on A$30 million debt facility for ASX-listed Qoria
5 July 2023 – International law firm, Hogan Lovells, has advised London-based specialty lending fund AshGrove Capital on a A$30 million facility for Qoria Limited, the ASX-listed leading global provider of digital safety and student wellbeing solutions.
According to an ASX release from Qoria, the facility will allow the company to consolidate its balance sheet and invest in organic growth initiatives.
The transaction was led by partners Jo Robinson in London and Bryan Paisley in Sydney with support from a team including senior associates Thomas Nickols and Lisa Mazor. The firm’s offices in London, Sydney, New York and Madrid were involved and the finance team was supported by the international privacy and cyber security practice.
Commenting on the deal, Jo Robinson noted: “We are delighted to have assisted AshGrove on this exciting global transaction which emphasises the Hogan Lovells’ international and sectoral strengths”.
AshGrove is an independently owned speciality lending fund with a sector-led approach focusing on software and services underpinned by the teams’ deep sectoral experience.
Hogan Lovells has worked with AshGrove since the firm launched in 2019 having recently acted for them on the financings for Kantar Xtel, Newswhip and Zift Solutions.
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We are delighted to have assisted AshGrove on this exciting global transaction which emphasises the Hogan Lovells’ international and sectoral strengths.
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