The renegotiated credit facility expands Everphone’s financial base and reflects the Berlin-based company’s continued and ongoing operational and financial professionalization.

Citi remains Everphone’s provider of their financing solution

With Citi, Everphone builds on a proven collaboration.

“We are very satisfied with the development of the existing facility. We are therefore delighted to provide Everphone with this specialized lease and residual-value securitization solution.”

Sebastian Walf, EMEA Head of Asset Backed Securities

New financing partners NORD/LB and Värde

In addition, the finance team led by CFO Veronika von Heise-Rotenburg was able to add two new financing partners:

With Norddeutsche Landesbank NORD/LB, a long-established regional bank deeply rooted in the German mid-market and DAX companies now supports Everphone as a senior lender.

“We are proud to support Everphone’s innovative device-as-a-service model with our ABS expertise, as its circular, resource-efficient approach perfectly complements our role as the bank of energy transformation.”

Ed Weber (Head of Asset Backed Finance at NORD/LB) and Marco Pötschke (Relationship Manager at NORD/LB)

Värde, a global investment firm specializing in credit and credit-related assets, is also now investing in Everphone via its asset-based finance (ABF) strategy.

“We are delighted to provide a financing solution that supports Everphone’s continued growth ambitions. This transaction highlights the expanding opportunity that we see to deliver tailored capital solutions to businesses throughout Europe, where we’ve long been a trusted financing partner to scale-ups.”

Missy Dolski, Global Head of Asset-Based Finance at Värde

Profitability in focus

With the new refinancing framework, Everphone takes a major step toward profitability. Everphone has been EBIT-profitable for the second consecutive year.

Lower refinancing costs lay the foundation for further growth; Everphone customers also benefit from this through device rental via Device-as-a-Service and Workplace-as-a-Service.

“For our customers, this means even more stable conditions and attractive financing offers. The improved terms allow us to continue investing in services and innovations that make our customers’ daily work easier.”

Everphone CEO Jan Dzulko

 “The improved refinancing reduces our cost of capital and brings us closer to EBT profitability. At the same time, it demonstrates how strongly we have continued to professionalize Everphone financially and operationally.”

Everphone CFO Veronika von Heise-Rotenburg

In this transaction, Everphone was advised by Hogan Lovells, the senior lenders by Linklaters, and Värde by A&O.

Press materials

Everphone press kit | Everphone press page

LinkedIn Veronika (CFO Everphone) | LinkedIn Jan (CEO Everphone)

About

About NORD/LB

NORD/LB Norddeutsche Landesbank is one of the leading German commercial banks. The core business segments include business with corporate customers, private and commercial customers including private banking as well structured finance in the energy and infrastructure sector and commercial real estate finance. The bank is headquartered in Hanover, Brunswick and Magdeburg and has branches in Oldenburg, Hamburg, Schwerin, Düsseldorf and Munich. Outside Germany NORD/LB is represented by a Pfandbrief Bank (NORD/LB Covered Bond Bank) in Luxembourg and branches in London and New York. For more info, visit www.nordlb.de. 

About Värde

Värde Partners is a leading global investment firm specializing in credit and credit-related assets. Founded in 1993, the firm has invested more than $110 billion across the credit quality and liquidity spectrum and currently manages $16 billion in assets. With local investment teams and partnerships in North America, Europe and Asia Pacific, Värde invests across private and public markets with a focus on real estate, asset-based finance and corporate credit. For more info, visit www.varde.com. 

About Everphone
Everphone is the Device-as-a-Service platform for businesses. As a leading DaaS provider, Everphone supplies smartphones, tablets, laptops, and other workplace devices—covering procurement, setup, management, security, and replacements. More than 1,000 organizations—including global consultancies, corporations, and DAX-listed companies—rely on Everphone. Founded in 2016, the company is headquartered in Berlin with offices in Munich and Miami, employing around 250 people and managing over 400,000 devices. Investors include Alleycorp, ApolloCapital, Cadence Growth Capital, Citibank, Phoenix Insurance, and T.Capital. In 2025, Everphone received the Ecovadis Silver Medal, ranking among the top 15 percent of rated companies for sustainability. For more info, visit www.everphone.com.