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BMO Capital Markets Leads $250MM Credit Facility for Alvarium Tiedemann Holdings

January 04, 2023, 07:55 AM
Filed Under: Investor Services

Alvarium Tiedemann Holdings entered into a $250 million credit facility with a syndicate led by BMO Capital Markets. The facility, which is comprised of a $150 million revolving credit facility and a $100 million term loan facility, will be used to pay down subsidiary debt and fund growth initiatives.

The new credit facility, which has a term of five years, will allow Alvarium Tiedemann to strategically expand its global footprint, platform and opportunity set across business lines.

BMO, Fifth Third Bank, PNC Bank, and Texas Capital Bank are Joint Lead Arrangers and Bookrunners. BMO Harris Bank is the Administrative Agent. Bank of America and CrossFirst Bank are also members of the syndicate.

“Strengthening our balance sheet will enable Alvarium Tiedemann to capitalize on opportunities to serve evolving clients’ needs more effectively,” said Michael Tiedemann, Chief Executive Officer of Alvarium Tiedemann. “Expansion through strong organic growth and accretive acquisitions is a key priority for us, as a differentiated provider of financial advisory services and alternative investment opportunities. To date, we have successfully integrated a number of businesses, and this credit facility provides the financial flexibility to execute our growth initiatives to drive margin expansion.”

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