Irish Times Article: Trade finance firm Teybridge Europe eyes €100m valuation

Teybridge Capital Europe, a Dublin-based provider of trade finance and working capital for businesses, is projecting that it will reach a valuation of €100 million in the coming years after securing equity and funding investment from a Spanish finance group.

Founded in 2022, Teybridge Capital Europe provides a range of working capital solutions, including invoice financing, purchase order finance, stock finance and debt finance.

Under the terms of the deal, Madrid-based Baghdadi Capital, a family office investment firm specialising in working capital founded by former Barclays banker Baihas Baghdadi, is taking an equity stake and agreed to provide as much as €500 million in funding lines as the company continues to build its client base in Ireland, the UK and the US, Teybridge Capital Europe said in a statement.

It is understood that Baghdadi Capital is taking a minority stake in Teybridge Capital Europe. The projected €100 million valuation is said to be dependent on the company growing according to plan in the coming years.

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