M&A Deal Summary

Bionic Acquires Think Business Loans

On September 12, 2019, Bionic acquired financial services company Think Business Loans

Acquisition Highlights
  • This is Bionic’s 1st transaction in the Financial Services sector.
  • This is Bionic’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2019-09-12
Target Think Business Loans
Sector Financial Services
Buyer(s) Bionic
Deal Type Add-on Acquisition

Target

Think Business Loans

Essex, United Kingdom
Think Business Finance Ltd. is a fintech-driven commercial lending specialist for UK SMEs. Think Business Finance helps businesses to borrow money more cheaply and easily through a combination of state-of-the-art matching and tendering platforms and expert lending managers. Think Business Finance Ltd. was founded in 2012 and is based in Essex, United Kingdom.

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Buyer(S) 1

Buyer

Bionic

London, United Kingdom

Category Company
Founded 2007
Sector Internet Software and Services
DESCRIPTION

Bionic provides SMEs with price comparison and switching services for a range of areas, including electricity, gas, insurance, and telecoms. Bionic was founded in 2007 and is based in London, United Kingdom.


DEAL STATS #
Overall 2 of 3
Sector: Financial Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
Country: United Kingdom M&A 2 of 3
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-31 Business Save International

St Albans, United Kingdom

Business Save International is an energy consultants. Business energy saving specialists Business Save, will compare business electricity & gas to save you up to 40% on commercial energy prices. Business Save International was founded in 2007 and is based in St Albans, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-11 BusinessComparison

Chester, United Kingdom

BusinessComparison specializes in helping UK SME’s compare and switches a wide range of essential services, including energy, finance, banking, insurance, telecoms, and payment solutions. BusinessComparison was founded in 2015 and is based in Chester, United Kingdom.

Buy -