Announced
Completed
Financials
Sources
Tags
Completed
United States
Private
Friendly
Single Bidder
Diversified Financials
Acquisition
financial services
Majority
Private Equity
Synopsis
Global Merchant Fund, a provider of financial solutions, completed the acquisition of Bibby Financial Services, which provides financial services, from a UK company concerned with shipping and marine operations. Financial terms were not disclosed. “Since first launching in North America in 2001, we have built a strong business with excellent client service levels, and one which provides vital support for small and medium sized companies in the U.S. and Canada. Following a strategic review, we have decided to focus and invest in other markets. The sale of our North American business to GMF represents good value for both parties,” David Postings, BFS CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.