Teylor acquires Creditshelf
23. April 2024
On April 24, 2024, Teylor AG announced the acquisition of the majority of the assets and operations of its German competitor creditshelf AG (XETRA:CSQ).
With this acquisition, which broadens Teylor's debt product offering, Teylor has become the clear digital market leader in the >€1 trillion European SME lending space with a unique and distinct positioning offering debt instruments ranging from €100,000 to €5 million based on an extensive track record comprising approx. €1 billion in assets created to date.
Teylor aims to further accelerate its organic growth path with additional acquisitions of complementary businesses adding client reach, product competence, regional scope, as well as enhancements of the (tech) platform to build the leading European alternative lending platform.
Advoro's Boris Räber and Carmen Spichiger advised Teylor on the Swiss aspects of the transaction.