Hamilton Locke acted for Silicon Valley venture debt firm, Partners for Growth on the senior secured financing raised to fund the growth and expansion plans of Comestri, a fast-growing Australian technology company with an eCommerce SaaS platform.
The successful debt raising by Comestri is a welcome signal to emerging growth companies that venture debt financing is available despite the impacts of coronavirus.
Commenting on the transaction, Zina Edwards said: “We have been delighted to assist Partners for Growth on another successful transaction. We look forward to continuing to support the Partners for Growth team going forward”.
The team at Hamilton Locke was led by partner Zina Edwards and included senior associate Monty Loughlin and law graduate Alex McCullagh.
This transaction was reported on in the Australian Financial Review, as can be seen here.
About Hamilton Locke
Hamilton Locke is one of Australia’s fastest growing law firms and now in the top 50 firms nationally. Over the past year the firm has grown 200%, from five to 16 partners, and from 13 to 50 lawyers and staff.
Hamilton Locke is a multi-award winning full service corporate and commercial law firm covering M&A, property, banking, restructuring, funds management and litigation. With talent from some of the top law firms globally, we believe in the relentless pursuit of success for our clients. That is why we have grown an organisation of energised people, propelled by class leading technology, who are freed up from bureaucracy and administration to really focus on doing what they do best – solving complex client problems.