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Announced

Completed

Avenue Capital completed a $278m investment in Zorin Finance.

Financials

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Transaction Value£200m
Consideration TypeContingent Deferred Consideration
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Single Bidder

Completed

United Kingdom

Acquisition

Private Equity

Consumer Lending

Cross Border

Friendly

Private

Minority

commercial lending

Synopsis

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Avenue Capital, a private equity firm, completed a $278m investment in Zorin Finance, a company providing property development and investment loans. “Securing a new funding partner of this calibre, especially in these unprecedented times, is a testament to the strength of the company and its employees, and the confidence Avenue Capital has in our business,” Luke Townsend, Zorin Founder & CEO.

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