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European comms provider Dstny has refinanced its existing debt and raised an equivalent amount as it looks to expand through acquisition.
Equity firm Seven2 which stepped in at the end of 2019 is reaffirming its confidence in the company. The financing is provided by two private credit funds.
Dstny’s ambition in the coming years is to anchor this technology at the European level and strengthen its pan-European presence.
Daan De Wever, co-founder and CEO of Dstny Group said: “Raising additional financings on top of our existing debt refinancing gives us a strong boost for new acquisitions.”
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