Linklaters advises Hayfin and SVP on €465 million financing for management-led acquisition of Uvesco

Linklaters has advised Hayfin and Strategic Value Partners on a €465 million senior secured term loan to support the management-led acquisition of Uvesco from PAI Partners.

Uvesco is a leading regional food retail group in Spain, recognised for its high-quality fresh-product offering and local sourcing, with more than 300 supermarkets across the Basque Country, Cantabria, Navarra, La Rioja and Madrid under the brand names BM and Super Amara.

The transaction, led by the Uvesco management team and backed by key Spanish institutional investors, positions the company for its next phase of growth under long-term local ownership. Closing is expected to occur following customary closing and regulatory approvals.

The Linklaters team was led by Leveraged Finance partners Andrew Jennens and Pathik Gandhi, with support from the firm’s London, Luxembourg and Madrid offices.