Announced
Completed
Financials
Tags
Completed
United Kingdom
consumer credit
Minority
Private Equity
motor finance
Friendly
Acquisition
consumer finance
Domestic
Private
Consumer Lending
Single Bidder
Synopsis
Cabot Square Capital, a private equity firm, completed the acquisition of a minority stake in Blue Motor Finance, a consumer finance lender. Financial terms were not disclosed. “In these challenging times, we are delighted that Cabot is willing to further invest in our business. Through the crisis, we have shown our ability to treat customers fairly, maintain good operational capability and carefully manage credit risk. Cabot continues to be a great partner for Blue and we are delighted in their confidence as we grow our business for the future," Tiku Patel, Blue Motor Finance CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.