Triple Point Private Credit supported a senior loan for Pelican Capital’s investment in Capacitas, a UK cloud optimisation consultancy.
This deal adds to Triple Point’s record of supporting private equity-backed companies and sponsor-led acquisitions.
James Lowe (pictured), relationship director, leverage finance at Triple Point, said: “We’re pleased to support Pelican Capital on another high-quality opportunity.
“Capacitas is a strong business with a proven track record, clear growth potential and a highly committed leadership team.
“The structure of this deal reflects strong cash flow and meaningful alignment between stakeholders.
“We moved quickly to deliver a tailored solution with the certainty our partners expect.”
Elliot Vickerstaff, investment manager at Pelican Capital, said: “This is a particularly exciting time to be investing in Capacitas.
“The business has carved out a clear niche in the market, and we believe it’s exceptionally well-positioned for the next phase of growth.
“We’re proud to be joining the journey and backing a team with real vision and capability.”
Vickerstaff added: “Having the right partner is crucial to getting deals like this done.
“Triple Point’s pragmatic and collaborative approach has made them a valuable partner throughout this transaction, and we’re pleased to be working alongside them to support the future of Capacitas.”
