A new phase of growth beckons plan.com following a refinancing deal co-arranged by Barclays Corporate Banking in Manchester and Santander Corporate and Commercial Banking.
The deal aims to enhance plan.com’s SaaS platforms such as my.plan, develop its hosted offering and support the company’s acquisition strategy.
Neil Kelly (pictured), Chief Financial Officer at plan.com, said: “Completing this transaction via a completely remote process, during a global pandemic, illustrates the strength of our business and is a positive indicator of market confidence in our sector."
Greg Doran, Northern Head of TMT for Barclays Corporate Banking, added: “Despite the current challenges we’ve been able to structure a deal to support plan.com on its growth journey."
The Isle of Man based technology and platform provider was ranked number one in the 2018 Sunday Times Tech Track 100.
Clearwater International advised the deal.