Last Updated on: 11th August 2025, 05:29 pm
Zutec, a leading UK and Ireland-based provider of ConTech and PropTech SaaS solutions, has finalised a strategic recapitalisation with the European Direct Lending division of Pictet Asset Management (“Pictet AM”).
The company’s growth approach combines sustainable organic expansion with targeted acquisitions and partnerships to drive momentum. Under the recapitalisation agreement, Pictet AM has provided new facilities to fully refinance Zutec’s current debt and fund its active M&A pipeline alongside further investment in product development and AI capabilities.
This refinancing marks a pivotal step in Zutec’s expansion plans, bolstering its ability to scale operations and deliver enhanced outcomes through cutting-edge digital innovations.
Gustave Geisendorf, CEO of Zutec, commented: “We are delighted to partner with Pictet Asset Management for this next phase of our growth. This partnership strengthens our ability to deliver on our strategic roadmap by cementing our position in the UK, Ireland and beyond. Over the past five years, we have grown our business from sales of GBP2m to GBP15m, and we intend to continue this positive trajectory. This recapitalisation provides us with ample firepower and flexibility to accelerate our growth path as we are taking the business to the next level.”
Andreas Klein, Head of Private Debt at Pictet Asset Management, added: “We are delighted to support and partner with Zutec in the next phase of its exciting growth story. Gustave and his team have built a tremendous business with a market leading product and a growth trajectory toward success – we look forward to partnering with them on this ongoing journey.”
Zutec was advised on the recapitalisation by Marlborough Partners, who acted as financial advisor.
