NewDay - Ownership and Business Overview

Financial ServicesCompany

NewDay Ownership

Who owns NewDay?

NewDay is owned by Cinven and CVC Capital Partners. It was acquired on October 11, 2016.

Is NewDay PE-backed?

Yes. NewDay is owned by private equity investors Cinven and CVC Capital Partners.

Was NewDay formerly PE-backed?

Yes. NewDay was formerly owned by 3 private investors.

NewDay Business Overview

Where is NewDay headquartered?

NewDay is headquartered in London, United Kingdom.

How many employees does NewDay have?

NewDay has 1,200 employees.

What sector is NewDay in?

NewDay is a financial services company.

When was NewDay founded?

NewDay was founded in 2000.

Financial Services M&A Summary in 2016

Out of 60 sectors in the Mergr database, financial services ranked 12 in number of deals in 2016. The largest financial services acquisition in 2016 was Scottrade Financial Services - which was acquired by TD Ameritrade Holding for $4.0B.

Join Mergr to view all 219 acquisitions of financial services companies in 2016, including 28 acquisitions by private equity firms, and 191 by strategics.

NewDay

NewDay Cards Ltd.

7 Handyside Street,
London, N1C 4DA
United Kingdom,
+44 020 7160 8800
www.newday.co.uk

NewDay is a UK specialty finance company. It operates in two business segments: near-prime, which provides Aqua and Marbles branded credit cards to customers who are new to credit or wish to rebuild their credit history; and co-brand, which provides credit cards in partnership with established retailers such as Debenhams and House of Fraser. NewDay was founded in 2000 and is based in London, United Kingdom.


Company Summary

SECTOR

Financial Services

Employees

1,200

Established

2000

Former Name

SAV Credit Ltd.

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Financial Services Companies , United Kingdom Companies

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