BasePoint Capital to acquire International Personal Finance for £543m.

BasePoint Capital, a specialty finance group, agreed to acquire International Personal Finance, an international financial services business, for £543m. "IPF is a business we've followed for some time and have been consistently impressed by its positioning across nine different geographies as a leading provider of credit to underbanked and underserved individuals. With our deep experience in consumer specialty finance in the U.S., we believe BasePoint is well placed to help IPF build on its strengths and continue evolving its business model as a differentiated provider of consumer credit. We're excited and look forward to partnering with the management team to support the next phase of IPF's growth," Eric Schneider, BasePoint CEO.