BZ has structured and delivered a $70 million growth funding facility for Amius, a leading provider of over-the-counter (OTC) risk management solutions.

The innovative funding package features a bespoke receivables facility structure, and includes a $20 million accordion to allow for future growth. The transaction provides the necessary capital for Amius to embark on its next phase of growth and expansion in both the UK and US, supporting the group’s liquidity, international presence and diverse client base.

Headquartered in London and regulated by the Financial Conduct Authority (FCA), Amius has three primary business lines: OTC risk management products for the agri-commodity sector, execution-only brokerage, and FX brokerage and risk management services.

Matthias Bormann, CFO of Amius, commented on the deal:
“It was very important for us to select a partner that we can grow the business with. We were therefore looking for someone who could offer support and funding to achieve our ambitious targets. The advice and structuring expertise that we received from Altenburg Advisory was key to securing the funding. BZ was pragmatic and focused on arriving at a solution that works for both parties. Now, with this partnership and facility in place, we can confidently look to the future, continue our geographic expansion, build our client base, and substantially grow Amius’ business.”

William Senbanjo, Partner, ACP Altenburg Advisory said: 
“We are delighted to have advised Amius in securing a facility that provides significant additional liquidity to support the business’s growth and its clients’ funding needs. This was a complex transaction, using a borrowing base of non-standard receivables as security.  BZ’s ability to work collaboratively on a tailored solution ensured the successful delivery of this transaction.”

Robert Wakeford, Managing Director, BZ, stated:
“It was great to work with Altenburg Advisory to structure this bespoke facility for Amius. We are delighted to support and back a high-quality management team with a funding facility that will enable them to deliver their strategic plan. This atypical asset-based lending deal underlines our commitment to creating financial solutions across all sectors.”

Amius was advised by Altenburg Advisory and A&O Shearman.  BZ received due diligence services from Grant Thornton UK LLP and Kroll, and legal advice from Norton Rose Fulbright.