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澳门六合彩资料 advises Hurricane Modular Commerce on multi-million venture debt facility

08 May 2024

UK & Ireland law firm 澳门六合彩资料 has advised Hurricane Modular Commerce Limited on a multi-million pound venture debt facility provided by Shawbrook Bank led by Jack Longden.

Hurricane鈥檚 new growth capital will support the attainment of the company鈥檚 ambitious revenue targets and its expansion into new regional markets and industry sectors.

Hurricane Modular Commerce is the global leader in the provision of AI technology that powers a smooth customs flow and enables a seamless cross-border eCommerce experience. The company鈥檚 AI-driven, real-time data solutions cover the critical areas of HS code classification, duty and tax calculation, denied parties screening and prohibited and restricted goods screening.

澳门六合彩资料 advised Hurricane on the venture debt facility alongside Tom Eastwood and Harveer Gill of Debrett鈥檚 Private Finance, a corporate advisory and investment firm who work with clients and partners over the long term to create and realise shareholder value.

The 澳门六合彩资料 team was led by Senior Associate Chereta Edmeade, and included Partner James Tait, Legal Assistant Aman Rai and Consultant Roger Birchall.

Chereta Edmeade, Senior Associate at 澳门六合彩资料, said: 鈥淚t鈥檚 been fantastic working with the Hurricane team to secure a truly significant venture debt facility for the firm and to showcase 澳门六合彩资料鈥檚 venture debt capabilities. With this new capital, we look forward to seeing Hurricane continue to expand and set the standard for eCommerce AI provision.鈥

Ashley Dexter, CFO at Hurricane said: 鈥淐hereta and the 澳门六合彩资料 team have provided invaluable support in securing this landmark venture debt facility for us. The combination of efficient, clear, helpful advice, aligned objectives and support enabled the transaction to be completed rapidly, which will assist sales development around the world.鈥

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