Ocuco LimitedThursday, 01 December 2016
ByrneWallace advised Ocuco Limited, a leading provider of paperless practice management software for optical retail and lab management solutions in the global eye care industry , on a €23 million credit line from Wells Fargo’s Technology Finance unit.
ByrneWallace also advised Ocuco on its acquisition of B&F Group, a market leading optical practice management software (PMS) provider in The Netherlands, expanding the company’s software and services to over 7,600 sites across 43 countries.
The new €23 million debt facility from Wells Fargo will provide financing for Ocuco’s further acquisitions and funding for R&D investment in next generation technologies.
The ByrneWallace team who advised on this transaction included Neil Keenan, Corporate Partner, Paraic O’Kennedy, Banking Partner and Edon Byrnes and Zelda Deasy, Senior Associates.