Shearman & Sterling advised a bank consortium (Commerzbank, ING Bank, Landesbank Baden-Württemberg, Landesbank Hessen-Thüringen and Norddeutsche Landesbank) on a long-term credit facility for Allgeier SE. The revolving credit line amounts to €228 million and provides long-term financing for Allgeier Group.

Allgeier SE is one of the leading technology companies for digital transformation, guiding its customers through the challenges of digital transformation to ensure their future success. For global corporations and market and industry leaders from many verticals and geographies Allgeier is “thinking breakthroughs” for new digital business models, defining strategic priorities and expeditiously executing groundbreaking projects to create agile and intelligent enterprises for the digital era. With more than 10,000 employees and over 1,000 freelance experts, the company covers the complete IT service spectrum from onsite to nearshore to offshore – with strong footholds in India, China, Vietnam and Eastern Europe and offices worldwide in 28 countries. 

The Team