Everstride advises topi​​​​‌‍​‍​‍‌‍‌​‍‌‍‍‌‌‍‌‌‍‍‌‌‍‍​‍​‍​‍‍​‍​‍‌‍‌​‌‍​‌‌‌​‌‍‌‍​‌‍‌‌​​‍‍‌‍​‌‍‌‍‌​‍​‍​‍​​‍​‍‌‍‍​‌​‍‌‍‌‌‌‍‌‍​‍​‍​‍‍​‍​‍‌‍‍​‌‌​‌‌​‌​​‌​​‍‍​‍​‍‌‍‌‌‌‌‍‌‍‌‌‌​‍‌​‌‌​‌​‍‌‍‍‌‌‍‌​‌‍‌‌​‍‌‌‌‌‍‌‌‌‍​‍‌​‌‍‍‌‌‌​‌‍‌‌​‍‍‌‍​‌‌‍‌​‌‍‌‌‍‍‌‌‍‍​‍‍‌‍‌​‌‍​‌‌‌​‌‍‌‍​‌‍‌‌​​‍‍‌‍​‌‍‌‍‌​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​‌‍‌​‍​‍‌‍‍‌‌‌​‌‍‌‌‌‍‌‌‌‌‌​‌‍‌‌​​‌‍‌‌‌​​‍‌​​‌‍‍‌‌‍‌‌‍‌​‍​‌‍​​‍‌‌​‍‌‌‌​‌​​‌​​‌​‌‌‌​​‌‍​‌​‌‌‌‌‌‍‍​​​‌‌‍​‌‍‍‌​‍‍‌‌​‍‌‍‍‌‌‌​‌‍‌‌‌‍‌‌​​‍‌‌​​‌‌‌‍‌‌‍​‌‌​‌‍‌‌​‌‍​​‌​‍‍‌‌​‍​‍​‌‍‌‌​​‌‌‍‌‍​‍‌‌‍‍‍‌​‌​‌‌‍‌​‌‌​​‌‌‌‌​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​​‍​‌‍‌‍‌‍‍‌‌‍‌‌‌‍​‌‍‌​‌‌​​‌‍​‌‌‌​‌‍‍​​‌‌‌​‌‍‍‌‌‌​‌‍​‌‍‌‌​‍‍‌‍‌‌‌‍‍​‍​‍‌‌

The shareholders of topi have sold the business to PEAC Solutions. The acquisition marks an important step in strengthening topi’s platform and supporting its mission to become the leading Device-as-a-Service provider in Europe.​​​​‌‍​‍​‍‌‍‌​‍‌‍‍‌‌‍‌‌‍‍‌‌‍‍​‍​‍​‍‍​‍​‍‌‍‌​‌‍​‌‌‌​‌‍‌‍​‌‍‌‌​​‍‍‌‍​‌‍‌‍‌​‍​‍​‍​​‍​‍‌‍‍​‌​‍‌‍‌‌‌‍‌‍​‍​‍​‍‍​‍​‍‌‍‍​‌‌​‌‌​‌​​‌​​‍‍​‍​‍‌‍‌‌‌‌‍‌‍‌‌‌​‍‌​‌‌​‌​‍‌‍‍‌‌‍‌​‌‍‌‌​‍‌‌‌‌‍‌‌‌‍​‍‌​‌‍‍‌‌‌​‌‍‌‌​‍‍‌‍​‌‌‍‌​‌‍‌‌‍‍‌‌‍‍​‍‍‌‍‌​‌‍​‌‌‌​‌‍‌‍​‌‍‌‌​​‍‍‌‍​‌‍‌‍‌​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​‌‍‌​‍​‍‌‍‍‌‌‌​‌‍‌‌‌‍‌‌‌‌‌​‌‍‌‌​​‌‍‌‌‌​​‍‌​​‌‍‍‌‌‍‌‌‍‌​‍​‌‍​​‍‌‌​‍‌‌‌​‌​​‌​​‌​‌‌‌​​‌‍​‌​‌‌‌‌‌‍‍​​​‌‌‍​‌‍‍‌​‍‍‌‌​‍‌‍‍‌‌‌​‌‍‌‌‌‍‌‌​​‍‌‌​​‌‌‌‍‌‌‍​‌‌​‌‍‌‌​‌‍​​‌​‍‍‌‌​‍​‍​‌‍‌‌​​‌‌‍‌‍​‍‌‌‍‍‍‌​‌​‌‌‍‌​‌‌​​‌‌‌‌​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​​‍​‌‍‌‍‌‍‍‌‌‍‌‌‌‍​‌‍‌​‌‌​​‌‍​‌‌‌​‌‍‍​​‌‌‍​‌‍‌‍‍‌‌​‌‍‌‌‌‍‍‌‌​‌‌‌‍‌‌‍‌‍‌​‌‌‌‌‍​‌‍‌‌‌​​‍‍‌‍‌‌‌‍‍​‍‍​​​​‍‍‌‌​‌‍‌‌‌‍​‌‌​​‍​‍‌‌

Everstride acted as exclusive financial sell-side advisor to the shareholders of topi.

Founded in 2021 and headquartered in Berlin, topi is a digital platform for B2B rental solutions for office IT equipment, enabling IT retailers and OEMs to offer Device-as-a-Service through an end-to-end digital platform integrated across e-commerce, telesales and point-of-sale channels. topi partners with major manufacturers and is integrated with leading value-added resellers (such as Bechtle) and electronics retailers across Germany, Austria, the Netherlands and Belgium.​​​​‌‍​‍​‍‌‍‌​‍‌‍‍‌‌‍‌‌‍‍‌‌‍‍​‍​‍​‍‍​‍​‍‌‍‌​‌‍​‌‌‌​‌‍‌‍​‌‍‌‌​​‍‍‌‍​‌‍‌‍‌​‍​‍​‍​​‍​‍‌‍‍​‌​‍‌‍‌‌‌‍‌‍​‍​‍​‍‍​‍​‍‌‍‍​‌‌​‌‌​‌​​‌​​‍‍​‍​‍‌‍‌‌‌‌‍‌‍‌‌‌​‍‌​‌‌​‌​‍‌‍‍‌‌‍‌​‌‍‌‌​‍‌‌‌‌‍‌‌‌‍​‍‌​‌‍‍‌‌‌​‌‍‌‌​‍‍‌‍​‌‌‍‌​‌‍‌‌‍‍‌‌‍‍​‍‍‌‍‌​‌‍​‌‌‌​‌‍‌‍​‌‍‌‌​​‍‍‌‍​‌‍‌‍‌​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​‌‍‌​‍​‍‌‍‍‌‌‌​‌‍‌‌‌‍‌‌‌‌‌​‌‍‌‌​​‌‍‌‌‌​​‍‌​​‌‍‍‌‌‍‌‌‍‌​‍​‌‍​​‍‌‌​‍‌‌‌​‌​​‌​​‌​‌‌‌​​‌‍​‌​‌‌‌‌‌‍‍​​​‌‌‍​‌‍‍‌​‍‍‌‌​‍‌‍‍‌‌‌​‌‍‌‌‌‍‌‌​​‍‌‌​​‌‌‌‍‌‌‍​‌‌​‌‍‌‌​‌‍​​‌​‍‍‌‌​‍​‍​‌‍‌‌​​‌‌‍‌‍​‍‌‌‍‍‍‌​‌​‌‌‍‌​‌‌​​‌‌‌‌​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​​‍​‌‍‌‍‌‍‍‌‌‍‌‌‌‍​‌‍‌​‌‌​​‌‍​‌‌‌​‌‍‍​​‌‌‍​‌‍‌‍‍‌‌​‌‍‌‌‌‍‍‌‌​‌‌‌‍‌‌‍‌‍‌​‌‌‌‌‍​‌‍‌‌‌​​‍‍‌‍‌‌‌‍‍​‍‍​​‍​‍‍‌‌​‌‍‌‌‌‍​‌‌​​‍​‍‌‌

PEAC Solutions is a US-based, leading multinational asset-finance platform, backed by HPS Partners, a US private equity firm that is part of BlackRock.​​​​‌‍​‍​‍‌‍‌​‍‌‍‍‌‌‍‌‌‍‍‌‌‍‍​‍​‍​‍‍​‍​‍‌‍‌​‌‍​‌‌‌​‌‍‌‍​‌‍‌‌​​‍‍‌‍​‌‍‌‍‌​‍​‍​‍​​‍​‍‌‍‍​‌​‍‌‍‌‌‌‍‌‍​‍​‍​‍‍​‍​‍‌‍‍​‌‌​‌‌​‌​​‌​​‍‍​‍​‍‌‍‌‌‌‌‍‌‍‌‌‌​‍‌​‌‌​‌​‍‌‍‍‌‌‍‌​‌‍‌‌​‍‌‌‌‌‍‌‌‌‍​‍‌​‌‍‍‌‌‌​‌‍‌‌​‍‍‌‍​‌‌‍‌​‌‍‌‌‍‍‌‌‍‍​‍‍‌‍‌​‌‍​‌‌‌​‌‍‌‍​‌‍‌‌​​‍‍‌‍​‌‍‌‍‌​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​‌‍‌​‍​‍‌‍‍‌‌‌​‌‍‌‌‌‍‌‌‌‌‌​‌‍‌‌​​‌‍‌‌‌​​‍‌​​‌‍‍‌‌‍‌‌‍‌​‍​‌‍​​‍‌‌​‍‌‌‌​‌​​‌​​‌​‌‌‌​​‌‍​‌​‌‌‌‌‌‍‍​​​‌‌‍​‌‍‍‌​‍‍‌‌​‍‌‍‍‌‌‌​‌‍‌‌‌‍‌‌​​‍‌‌​​‌‌‌‍‌‌‍​‌‌​‌‍‌‌​‌‍​​‌​‍‍‌‌​‍​‍​‌‍‌‌​​‌‌‍‌‍​‍‌‌‍‍‍‌​‌​‌‌‍‌​‌‌​​‌‌‌‌​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​​‍​‌‍‌‍‌‍‍‌‌‍‌‌‌‍​‌‍‌​‌‌​​‌‍​‌‌‌​‌‍‍​​‌‌‍​‌‍‌‍‍‌‌​‌‍‌‌‌‍‍‌‌​‌‌‌‍‌‌‍‌‍‌​‌‌‌‌‍​‌‍‌‌‌​​‍‍‌‍‌‌‌‍‍​‍‍​​​‍‍‌‌​‌‍‌‌‌‍​‌‌​​‍​‍‌‌

Everstride orchestrated the whole process, including preparation, market approach, coordination of the due diligence process, deal tactics and SPA negotiations, as well as the refinancing of the balance sheet.​​​​‌‍​‍​‍‌‍‌​‍‌‍‍‌‌‍‌‌‍‍‌‌‍‍​‍​‍​‍‍​‍​‍‌‍‌​‌‍​‌‌‌​‌‍‌‍​‌‍‌‌​​‍‍‌‍​‌‍‌‍‌​‍​‍​‍​​‍​‍‌‍‍​‌​‍‌‍‌‌‌‍‌‍​‍​‍​‍‍​‍​‍‌‍‍​‌‌​‌‌​‌​​‌​​‍‍​‍​‍‌‍‌‌‌‌‍‌‍‌‌‌​‍‌​‌‌​‌​‍‌‍‍‌‌‍‌​‌‍‌‌​‍‌‌‌‌‍‌‌‌‍​‍‌​‌‍‍‌‌‌​‌‍‌‌​‍‍‌‍​‌‌‍‌​‌‍‌‌‍‍‌‌‍‍​‍‍‌‍‌​‌‍​‌‌‌​‌‍‌‍​‌‍‌‌​​‍‍‌‍​‌‍‌‍‌​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​‌‍‌​‍​‍‌‍‍‌‌‌​‌‍‌‌‌‍‌‌‌‌‌​‌‍‌‌​​‌‍‌‌‌​​‍‌​​‌‍‍‌‌‍‌‌‍‌​‍​‌‍​​‍‌‌​‍‌‌‌​‌​​‌​​‌​‌‌‌​​‌‍​‌​‌‌‌‌‌‍‍​​​‌‌‍​‌‍‍‌​‍‍‌‌​‍‌‍‍‌‌‌​‌‍‌‌‌‍‌‌​​‍‌‌​​‌‌‌‍‌‌‍​‌‌​‌‍‌‌​‌‍​​‌​‍‍‌‌​‍​‍​‌‍‌‌​​‌‌‍‌‍​‍‌‌‍‍‍‌​‌​‌‌‍‌​‌‌​​‌‌‌‌​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​​‍​‌‍‌‍‌‍‍‌‌‍‌‌‌‍​‌‍‌​‌‌​​‌‍​‌‌‌​‌‍‍​​‌‌‍​‌‍‌‍‍‌‌​‌‍‌‌‌‍‍‌‌​‌‌‌‍‌‌‍‌‍‌​‌‌‌‌‍​‌‍‌‌‌​​‍‍‌‍‌‌‌‍‍​‍‍​‌​​‍‍‌‌​‌‍‌‌‌‍​‌‌​​‍​‍‌‌