Pollen Street terminated the acquisition of Urban Exposure Lendco.

Pollen Street Capital, a private equity firm terminated the $149m acquisition of Urban Exposure Lendco, the loan holding portfolio company of Urban Exposure, a financial services provider. Urban Exposure and UE Amco now intend to claim damages against Honeycomb Holdings, a subsidiary of Pollen Street, for breach of contract. In addition, Urban Exposure and UE Amco intend to seek relief from other entities within or connected to the Pollen Street Capital group, including Honeycomb Investment Trust, Shawbrook Bank, Pollen Street Capital and Pollen Street Capital Holdings, for procuring or inducing the breach by Honeycomb Holdings of the share price agreement.