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New Deal


Announced

Completed

Fiinu completed the acquisition of Immediate Acquisition for £38m.

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Public

holding company

Media Agencies

Acquisition

Single Bidder

United Kingdom

Majority

Domestic

Completed

Friendly

Synopsis

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Fiinu, a financial holding company, completed the acquisition of Immediate Acquisition, a media holding company, for £38m. "We are very proud to be joining AIM today. This move to the public markets completes the next step in Fiinu's growth plan. We are confident that we have both an innovative new product in our Plugin Overdraft and a market that desperately needs a responsible, easy to access credit. We have an exciting opportunity ahead of us and being a quoted business will allow us to capitalise on this and accelerate our growth plans," Chris Sweeney, Fiinu CEO.

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