Hogan Lovells advises Barings on the refinancing of IT services provider Interstellar

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Amsterdam, August 26, 2022 – Hogan Lovells advised Barings on a refinancing credit facility for Interstellar – one of the fastest growing IT providers in the Netherlands and a specialist in the cloud space, cybersecurity and collaboration. This refinancing will support Interstellar in its long-term growth strategy, expanding its geographic presence and further strengthening its capabilities.

The Hogan Lovells team was led by an Amsterdam-based partner Wouter Jongenwith the support of Becky Powell, Sid Saxena, Alexandro Flemming and Laurens Boers.

Wouter Jongen said: “Advising on such a large transaction demonstrates the strength and depth of our practice in the Benelux market and builds on our previous collaborations with Barings. This follows a busy summer, where Hogan Lovells advised Egeria on financings for the acquisitions of FinancialLease.nl, Accent Automatisering and Arcus IT and lenders on the acquisitions of Bouwgroup Dijkstra Draisma, Zorg van de Zaak, Partou, Aliter Networks Holding, Novelli Presa and Van Wanrooij Waardenburg.

Interstellar is a group of successful specialists in the field of Cloud, Cybersecurity and Collaboration, with 650 employees and a combined turnover of 150 million euros. The company was launched in January 2021 with the help of private equity player Quadrum Capital and since then it has successfully completed nine acquisitions, earning it a rightful place among the fastest growing IT service providers. faster in the Netherlands.

barings is a global investment manager that seeks differentiated opportunities and builds long-term portfolios in public and private bond markets, real estate and specialty equity markets. Barings has over $349 billion in assets under management. With investment professionals based in North America, Europe and Asia-Pacific, the company, a subsidiary of MassMutual, aims to serve its customers and employees and is committed to sustainable and responsible investment.

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