Vitruvian Partners (“Vitruvian”) is an independent private equity firm which specialises in middle-market buyouts, growth buyouts and growth capital investments in the UK and Northern Europe.

Vitruvian engaged DC Advisory (“DC”) to provide M&A advice on its investment in Ebury.

During a competitive auction process DC provided detailed insight into the business as well as wider sector expertise, on-the-ground intelligence and strategic advice to Vitruvian.

Ebury announced that it has raised $83m (£54m) in equity capital from Vitruvian and existing investor 83North on 18 November 2015. The announcement brings the total invested in the company to date to over $110m.

Ebury now joins the ranks of only a handful of European Fintech companies ever to have secured investment totalling over $100m. The investment reflects the firm’s success as one of the fastest growing businesses in the Fintech sector.

The funding will be used to further fuel Ebury’s expansion across Europe, as well as its launch in the US, which is anticipated in the first half of 2016.

We are very pleased to have advised Vitruvian on this transaction. Ebury is in a very exciting phase of development and I am confident that with Vitruvian’s investment and support, it will continue to go from strength to strength.

Andrew Strudwick
Managing Director at DC Advisory