International law firm DAC Beachcroft has advised Survitec Group Limited, a global provider of critical safety and survival solutions, on a £40 million revolving credit facility with Barclays Bank. The facility will support Survitec’s ongoing growth strategy.
The DACB team advising on the transaction was led by partner Chris Wall, supported by senior associate Rhian Bird and solicitor Isobelle Clarke.
Commenting on the transaction, Chris Wall said: "We are delighted to have supported Survitec on this financing. We are grateful to Survitec and its stakeholders for trusting us to help them execute this transaction."
The Survitec financing follows a number of other sponsor‑backed transactions recently advised on by DACB’s Banking and Debt Finance team. These include advising an English portfolio company of a top‑tier European sponsor on a real estate financing, an entity controlled by Kennedy Wilson on the development financing of a logistics asset in the UK, and Project Better Energy Limited, a portfolio company of Freshstream Investment Partners, on a new credit facility provided by HSBC.
