$110 Million Investment: Mirakl Boosts its Mergers and Acquisitions Plan

The Software as a Service (SaaS) company, Mirakl, is projecting its expansion after securing a revolving credit line worth $109.8 million. The most recent Series E financing, which valued Mirakl at over $3.5 billion, has strengthened its investment track record, evidenced by its focus on acquisitions and organic growth. Notable examples include the incorporation of Target2Sell, the successful launch of Mirakl Ads (its retail media branch), and Mirakl Payout (its financial services division), the latter contributing over $135 million in annual recurring revenues (ARR).

Adrien Nussenbaum, one of the founders and co-CEOs of Mirakl, stated: “This latest debt financing is an additional milestone demonstrating the financial strength and increased financial maturity of Mirakl. Through the RCF, we will be able to carry out merger and acquisition transactions that will further strengthen Mirakl’s position in technological progress and the success of our clients’ markets.”

Eric Heurtaux, CFO of the Mirakl Group, added: “We are proud to announce the signing of this RCF, which reflects the confidence of our banking partners in supporting our long-term growth strategy. This facility, with its flexible terms and competitive conditions, provides us with additional financial resources to meet our strong growth and development ambitions.”

The consortium of five lenders that contributed to this revolving credit line includes BNP Paribas, HSBC, JP Morgan, Natixis, and Société Générale. These institutions not only participated in the creation of this syndicated loan but also play pivotal roles as arrangers and authorized bookrunners.