Announced
Completed
Synopsis
Shawbrook Group, a UK-based specialist savings and lending bank, completed the acquisition of ThinCats, a UK alternative finance platform focused on SME lending. Financial terms were not disclosed. “Becoming part of Shawbrook represents an exciting step for ThinCats and a strong endorsement of our model, supporting established and growth-focused SMEs. Underpinned by the significant technology, data and capital resources of the wider Shawbrook Group, ThinCats will continue to offer the high levels of coverage, innovation, service, and ongoing borrower relationships that business owners, professional advisers and financial sponsors have come to expect,” Amany Attia, ThinCats CEO.
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