Professional services firm secures £275m to accelerate M&A and organic growth strategy

Davies has secured new credit facilities of £275m as it seeks to accelerate its organic and M&A growth strategy.

The new senior facilities have been provided by existing lead lender Blackstone Credit and Insurance.

The investment will be used to support Davies’ global strategic M&A activity, its investment in generative artificial intelligence (GenAI) and automation and an acceleration in organic growth.

The deal will also allow the professional services firm to improve terms across its overall credit facilities.

Expansion

Davies is looking to accelerate its strategy, called Vision 30, after growing over the past decade, with it completing more than 50 acquisitions across the globe.

Its strategic M&A programme, alongside the firm’s mid to high single digit annual organic revenue growth, has seen the business increase revenues more than 25-fold since 2015.

Dan Saulter, group chief executive at Davies, said: “I am pleased to be extending and improving our partnership with Blackstone as we execute on our Vision 2030 strategy.

“Over the next five years we will deliver on the four pillars of our Vision 2030 plan – significantly increasing investment in GenAI and technology, driving operational excellence across the business, investing in organic growth and cross-selling for our clients and expanding our solutions and geographic reach.”