The financing will allow the group to pursue its growth strategy across Europe.

Macfarlanes advised on the English law aspects of the transaction, with French law firm De Pardieu Brocas Maffei acting as lead counsel.

The Macfarlanes team was led by finance partner Colin Morgan with assistance from senior counsel Laura Bretherton and solicitor Liam Preston.

Colin Morgan comments: “This was a complex, multi-jurisdictional transaction and we were delighted to have advised DATA4 on this significant pan-European financing for the continued growth of the group in this increasingly important sector.”