M-Files, a leading global ECM player, receives debt facility to accelerate their SaaS transition
M-Files is headquartered in Finland and Texas, and is a leading enterprise content management (ECM) software player. In 2019 the revenues for M-Files exceeded EUR 60m, with ARR growth at 40%.
The company’s solutions transform how businesses manage, secure and share information with a unique metadata-driven approach that organises and processes content based on what it is, rather than where it resides.
Used across a variety of industries including professional services, manufacturing, financial services, and energy, M-Files has been listed as a Visionary in Gartner’s latest Magic Quadrant for Content Services Platforms. The company has received this recognition three years in a row, based on their unique intelligent information management solutions, global execution and business growth.
In addition to the accolade from Gartner, M-Files has been a recipient of a variety of other awards, including being named one of Finland’s best places to work, a European Investment Bank Innovation Award and Microsoft Country Partner of the Year too.
M-Files is backed by Partech and Draper Esprit and Tesi, and in December 2019 Stella EOC advised the company on a debt facility to accelerate their ongoing SaaS transition.
This is the second deal that Stella EOC have advised the company on, having advised them on an equity financing round led by Draper Esprit in 2013.
“Stella EOC was instrumental in securing an external debt provider for the convertible debt note. M-Files has a long-standing relationship with the firm, and the team at Stella EOC continuously provides us with great insight and support.”
Tampere, Finland & Texas, USA