December 21, 2023

Barings Supports the Acquisition of Aspia by Vitruvian Partners

Barings, one of the world’s leading investment managers, today announced its role as sole lender of senior secured credit facilities backing international investment firm Vitruvian Partners (“Vitruvian”) acquisition of Aspia (“the Company”), a leading technology-enabled accounting, payroll, tax and advisory services company.

Underpinned by the growing awareness of the mission critical nature of outsourcing services against the backdrop of an increasingly complex financial and regulatory environment, Aspia is benefiting from a rapid digitalisation trend. The Company is an important provider of technology-enabled outsourcing services delivered through a proprietary digital customer interface portal, with ample growth potential in both existing and new markets.

Together with Vitruvian, Aspia will continue its growth journey across multiple markets and service areas, in addition to further investing in the digital platforms available to its customers.

About Barings
Barings is a $347+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment.

*Assets under management as of September 30, 2023

About Vitruvian Partners
Vitruvian is a leading international investment firm with offices across London, Stockholm, Munich, Madrid, Luxembourg, San Francisco and Shanghai. Vitruvian focuses on dynamic situations characterized by rapid growth and change across industries. Vitruvian has backed over 80 companies and has assets under management of approximately €15 billion. Notable investments include global market leaders and innovators in their field such as Just Eat, EasyPark, CRF Health, Farfetch, Darktrace, Trustpilot, Marqeta, TransferWise, Skyscanner and others. Vitruvian has a strong presence in the Nordics with an established office in Stockholm and a track record of fifteen investments across the region. For more information, visit www.vitruvianpartners.com.

Media Contacts
Barings@secnegate.co.uk / Mediarelations@barings.com