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New Deal


Announced

Completed

ECI Partners-backed Make It Cheaper acquired Think Business Finance.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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commercial lending

Private

Acquisition

financial technology platform

Friendly

FinTech

Completed

United Kingdom

Private Equity

Single Bidder

Synopsis

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ECI Partners-backed Make It Cheaper acquired Think Business Finance, a fintech-driven commercial lending specialist for UK SMEs. Financial terms were not disclosed. MIC CEO Paul Galligan said: “At MIC we are building the leading platform for businesses to lower their costs on all their business essentials. Whether it’s energy, broadband or insurance, switching is a proven way of lowering bills. By partnering with Think Business Finance, we can now offer our customers even more ways to save time and money. This is our fourth bolt-on since partnering with ECI and we look forward to expanding our offering as we continue to grow the business.”

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