Arraco Global Markets secures funding from YFM Equity Partners
HMT LLP advised YFM Equity Partners on their £3.75million investment in global commodities broker ARRACO Global Markets.
Founded in 2015 and based in London, ARRACO specialises in brokerage for global commodities, working a range of international clients including oil majors, global trade houses, energy utilities, shippers, banks and funds.
YFM has made a £3.75m investment into ARRACO. The funds provided by YFM will be used to expand ARRACO’s established UK footprint, as well as hire additional staff and broaden its product offering. The injection of funds will also support ARRACO in its global expansion as it plans to open two new international offices in Singapore and Houston, giving the group global coverage for their clients and improve liquidity in Asia and the US.
HMT undertook financial due diligence for YFM on this transaction.
David Wrench, Investment Director at YFM commented:
Paul Read commented:
“We were delighted to have advised YFM on their investment into Arraco. The investment from YFM will not only allow Arraco to broaden their current offering, but will also support their international growth and expansion with the opening of two new offices in Asia and the States. We look forward to working with YFM again in the future.”
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