Software Circle agrees £25m credit facility with Santander
Summary
Software Circle, the AIM-listed acquirer of software businesses, agreed a £25 million revolving credit facility plus a £10 million uncommitted accordion option with Santander. The group has already used £10.7 million of the facility to repay existing borrowings with Shawbrook Bank. The remaining funds are available to support Software Circle’s ongoing acquisition strategy. Gavin Cockerill, the CEO, welcomed Santander’s support as the company continues to execute its growth plan.
Funding
Amount
$31.3M
Total raised
Date
May 21, 2026
Announcement date
Investors
Santander UK, Shawbrook Bank
Lead investors
Company
softwarecircle.com
Funded company
Classifications
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applications
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