Bain backs European real estate fintech
Bain Capital Credit agreed to a credit line of roughly €183 million ($207 million) to the publicly listed real estate fintech business of Berlin-based Linus Digital Finance as part of a broader strategic partnership.
Also participating in the credit line is an unnamed German senior bank, according to a public announcement made last week.
The proceeds will further accelerate LINUS’ financing operations in the UK and Germany, focusing on the mid-market real estate segment. The backdrop for the deal is booming European construction activity that continues to grow at a rate of about . . .
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