Following its successful debt raise in Q4 2020 under the advice of BTG Advisory in London, ZigZag Global has announced that it will be acquired by Global Blue.
ZigZag is a leading Software-as-a-Service (SaaS) technology platform that enhances the e-commerce returns experience for consumers and streamlines the returns process for retailers across the globe. Through ZigZag, Global Blue will extend its product set, complementing its Tax-Free Shopping and Added Value Payment Services propositions and advancing its mission to become a strategic omni-channel technology and payment partner for merchants.
Jamie Powell-Tuck, COO of ZigZag commented: "Prior to the Global Blue transaction, BTG Advisory led and advised us in an important debt raise that would underpin our growth ambitions for the medium term. We were extremely pleased to receive the support and interest that we did from the UK's alternative debt community"
Anthony Brennan, Debt Advisory Partner, BTG Advisory added: "We were delighted to be able to advise ZigZag on its growth debt funding raise. UK growth companies such as ZigZag are exactly the type of companies to whom BTG Advisory can provide strategic debt advice both for the UK mainstream and alternative debt markets."
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