M&A Deal Summary |
|
|---|---|
| Date | 2017-08-03 |
| Target | George Banco |
| Sector | Financial Services |
| Buyer(s) | Non-Standard Finance |
| Deal Type | Add-on Acquisition |
| Deal Value | 54M GBP |
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| Category | Company |
|---|---|
| Founded | 2014 |
| Sector | Financial Services |
| Employees | 939 |
| Revenue | 69M GBP (2022) |
Non-Standard Finance was a provider of unsecured credit to UK adults. Non-Standard Finance was founded in 2014 and is based in Wakefield, the United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Financial Services M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 3 of 3 |
| Year: 2017 M&A | 1 of 1 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-04 |
Everyday Loans Holdings
London, United Kingdom Everyday Loans is a standout performer in non-bank, branch-based, unsecured consumer lending in the U.K., with 36 branches and approximately 37,000 customers as at 30 June 2015, over 4.9x larger than the second largest such lender as measured by outstanding loan balances. Everyday Loans' newer guaranteed loans capability additionally provides a platform upon which further growth in a target sub-sector can be achieved. |
Buy | £235M |
