Latham & Watkins has advised on a US$30 million debt financing to BRKZ, a Riyadh-based B2B platform that connects suppliers and contractors in the construction industry, from Indian venture capital firm Stride Ventures.
The funds will be used to expand BRKZ’s financing enablement capabilities, providing contractors and factories across Saudi Arabia with more flexible payment options and stronger cashflow support.
The Latham team was led by Dubai partners Omar Maayeh and Eyad Latif, with associate Mustafa Darwich and London associate Saachi Bains.
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