M&A Deal Summary

Fairpoint Group Acquires Clear Start UK

On June 26, 2007, Fairpoint Group acquired financial services company Clear Start UK for 11M GBP

Acquisition Highlights
  • This is Fairpoint Group’s 1st transaction in the Financial Services sector.
  • This is Fairpoint Group’s largest (disclosed) transaction.
  • This is Fairpoint Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2007-06-26
Target Clear Start UK
Sector Financial Services
Buyer(s) Fairpoint Group
Deal Type Add-on Acquisition
Deal Value 11M GBP

Target

Clear Start UK

London, United Kingdom
website
Clear Start UK Ltd. is a rapidly-growing consumer debt advice and solutions company. It supports individuals or households with multiple unsecured debts, threatened with or considering bankruptcy, and looking to set up an individual voluntary arrangement.

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Buyer(S) 1

Buyer

Fairpoint Group

Adlington, United Kingdom

website


Category Company
Sector Financial Services
DESCRIPTION

Fairpoint is a consumer financial services business focused on serving financially stressed consumers.


DEAL STATS #
Overall 1 of 6
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 6
Country (United Kingdom) 1 of 6
Year (2007) 1 of 1
Size (of disclosed) 1 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-01 Moneyextra.com

Manchester, United Kingdom

Moneyextra.com Ltd. operates Moneyextra.com, an online tool allows consumers to find lower prices in, inter alia, the markets for insurances, utilities, media, mobile phones, lending products, savings and investments.

Buy £1M