Sienna Private Credit closed a €21 million financing for Riba Mundo Technología

Sienna Private Credit is pleased to announce the closing of a €21 million private loan transaction (including €6m VAT short-term financing), arranged by PwC Debt Advisory team. Linklaters acted as Sienna’s legal advisor, while PwC Tax & Legal acted as RIBA MUNDO TECNOLOGĺA’s legal advisor. This transaction aims to finance the significant and sustained growth of the company since its creation.

Founded in 2018 in Valencia, RIBA MUNDO TECNOLOGĺA is a wholesale distributor of technological goods, positioning itself as an eCommerce platform dedicated to the B2B segment, which offers a huge range of products, a competitive price as well as optimized logistic services. The company currently serves more than 1,800 customers mainly in Europe and aims to expand its activities all over the world. RIBA MUNDO TECNOLOGĺA is run by an experienced management team totally aware of environment matters and engaged in reducing the company’s environmental impact.