M&A Deal Summary |
|
|---|---|
| Date | 2017-06-29 |
| Target | Positive Cashflow Finance |
| Sector | Financial Services |
| Buyer(s) | Time Finance |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2000 |
| Sector | Financial Services |
| Employees | 154 |
| Revenue | 33M GBP (2024) |
Time Finance is an operator of independent finance companies focused on providing SMEs with accessible funding to add value to their businesses. Time Finance provides and arranges approximately £150m of funding every year to support customers’ growth. Time Finance was founded in 2000 and is based in Bath, England.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Financial Services M&A | 5 of 5 |
| Type: Add-on Acquisition M&A Deals | 5 of 5 |
| Country: United Kingdom M&A | 5 of 5 |
| Year: 2017 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-18 |
Tracx Finance
Wantage, United Kingdom Gener8 Finance Ltd. is an invoice finance provider has approximately 140 clients, with approximately a four and a half year average client life, and typically lends between £50,000 and £500,000, with an average of £90,000. Approximately 60 per cent. of new clients are generated though the Target’s network of brokers, with the remaining 40 per cent. originated directly. |
Buy | £5M |
