goetzpartners advised HRS Group

goetzpartners successfully acted as debt advisor to HRS Group on the arrangement and structuring of its first-time syndicated loan

Debt Advisory

Technology, Media, and Telecommunication

Transaction

goetzpartners advised

HRS Group on the

Refinancing

of its debt via a syndicated loan facility including an acquisition financing

Value not disclosed

Scroll down

Fortlane Partners advised the family-owned HRS Group, a leading hotel booking platform and the leading business process outsourcing partner for Fortune 500 companies, on the arrangement and structuring of its first-time syndicated loan financing. The syndicated loan secured HRS Group’s long-term working capital financing, a substantial add-on acquisition and a hunting line.

We provided key support during the transaction process by structuring the financing concept and administrating a competitive financing process, creating all relevant marketing documents, structuring and arranging the syndicated loan financing. By our services, HRS was able to achieve optimal financing conditions and to outperform on set financing targets.

About HRS Group

The HRS Group is a global technology platform company. HRS is one of the leading companies in the global business travel market. In Europe, HRS is one of the top three hotel portals. As an outsourcing provider for corporations, HRS simplifies all processes related to hotel stays, from procurement to payment, and offers travel managers and the travelers themselves forward-looking solutions. Multinational corporations, business travelers and hotel partners benefit equally from the global network of HRS. Founded in Cologne in 1972, the steadily expanding group employs more than 1,500 people in more than 35 offices worldwide.

Transaction team:

Philipp Widmaier
Director

Sebastian Achleitner
Associate Director

Marius Wolter
Associate