17th December 2025
Walker Morris has announced its Banking & Finance team has advised on the successful completion of a refinancing for Veloris Group (formerly Ecobat Battery). This involved a multi-jurisdictional, asset-based lending facility provided by Wells Fargo, supporting a sponsor-backed entity.
The transaction spans multiple jurisdictions (England, Ireland, Northern Ireland, France, Belgium and the Netherlands) and asset classes and will enable Veloris Group to strengthen its operations and continue its strategic growth following its recent rebrand.
The refinancing transaction follows Walker Morris’ previous advice to Endless LLP on the acquisition of Veloris Group.
Banking & Finance Partner Philip Scott led the team on this transaction, with support from Lauren Hall (Associate) and Rebecca Orange (Associate).
Commenting on the deal, Tom Callaghan, Managing Director at Endless LLP, said: “This refinancing marks an important milestone for Veloris Group, providing the flexibility and support needed to drive the next phase of growth. We’re grateful to Walker Morris for their expertise and seamless handling of this multi-jurisdictional process.”
Phil Scott, Partner and Head of Banking & Finance, added: “We’re proud to have supported Veloris Group and Endless LLP on this significant refinancing. The transaction highlights our capability in delivering complex, cross-border asset-based lending solutions for sponsor-backed businesses. We look forward to continuing our relationship with Veloris and Endless in 2026.”