Announced
Financials
Tags
consumer loans
Friendly
Consumer Lending
Acquisition
Poland
Private Equity
Private
Single Bidder
Synopsis
Everest Finanse, owner of Bocian Pożyczki brand, has acquired Tempo Finanse from a private equity fund ESO Capital. Deal valued target company at PLN57m. This is the first transaction on the Polish market, in which a whole consumer loan company is acquired, rather than its portfolio. This acquisition is a part of Everest Finanse’s strategy. As a result of this deal, Everest Finanse will increase its market share to 10%.
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