FINANCIAL SERVICES

Ashcombe has substantial experience within financial services having completed a large number of transactions over the last 10 years with an aggregate value in excess of £9bn. We have particular experience in the following sub-sectors:

  • Banking and bank restructuring

  • Traditional specialty finance: credit cards, debt purchasing & credit management, secured/unsecured lending, and other types of commercial and speciality lending

  • “New” speciality finance: peer-to-peer lending, supply chain finance

  • Insurance & distribution: insurance broking, mutual insurance and selected non-Lloyds markets

  • Retail wealth management

We combine a detailed understanding of the regulatory environment and the economic drivers in each of these sectors with an extensive network of relationships in the UK and abroad.


Transaction History

Advised The Car Finance Company on the sale of a loan portfolio
2019

Advised Smart Pension on a strategic investment from JP Morgan
2019

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Advised Weatherbys Bank on £10m Tier 2 capital issue
2018


Advised Virgin Group on the sale of Virgin Money to CYBG plc
2018

Advised Demica on its $25m Series B financing
2018

Advised Franchise Finance on its sale to Hitachi Capital
2018


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Advised DF Capital on a £40m debt facility
from Citi
2017

Advised Castle Trust on £50m senior facility to Go Car Credit
2017

Advised IGF on £30m financing from British Business Bank
2017


Advised Flagstone on its Series A financing
2017

Advised Non-Standard Finance on its acquisition of George Banco
2017

Advised Smart Pension on its £15m Series B financing
2017


Advised Zopa on £32m equity funding round
2017

Advised Aldridge EDC Speciality Finance on its investment in DDM Holding AG
2017

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Advised Gemini Consultants on sale to Goodholm Finance
2017


Advised Castle Trust on its acquisition of Omni Capital Retail Finance
2016

Advised Asset Advantage on senior secured financing from Commerzbank AG
2016

Advised Exponent Private Equity on its acquisition of ENRA Group
2016


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Advised Flagstone on its seed financing
2016

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Advised Hodge Bank on credit risk mitigation transaction on £440m mortgage portfolio
2016

Advised Smart Pension on its Series A financing from Legal & General
2016


Advised Lowell GFKL Group on its acquisition of IS Group Management
2016

Advised Spring Ventures on its acquisition of IGF Invoice Finance
2016

Advised Gemini Consultants on sale of mortgage portfolio
2016


Advised Paragon Group on its acquisition of Five Arrows Leasing Group
2015

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Advised Lowell Group on significant portfolio acquisition
2015

Advised OTPP on the sale of Lowell Group to GFKL
2015


Advised Rowan Dartington on its sale to St James's Place
2015  

Advised Non-Standard Finance on its acquisition of S&U's Loansathome4u
2015

Advised Faccenda Investments on the sale of dlc to Cabot Credit Management
2015


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Provided corporate finance advice to Non-Standard Finance in relation to its IPO
2015

Advised HgCapital on its acquisition of A-Plan Insurance
2014

Advised Virgin Money on the sale of Church House Trust to Ocean Capital
2014


Advised HFO Capital on the sale of £59m consumer loan portfolio
2014

Advised Capquest on its sale to Arrow Global
2014

Advised Provident Financial plc on its acquisition of Moneybarn
2014


Advised OTTP on its acquisition of minority stake in Lowell Group
2014

Advised Spring Finance on its new debt facility
2014

Advised Montello Capital in relation to £20m structured debt financing
2013


Advised Virgin Money on its acquisition of £1bn card portfolio from MBNA
2013

Advised Cabot Square Capital on the merger of Compello and MKDP
2012

Advised Virgin Group on Virgin Money's acquisition of Northern Rock
2011


Advised Towerbrook on its acquisition of Capquest
2011

Advised TDR Capital on its acquisition of Lowell Group
2011

Advised Virgin Money on its acquisition of IMS
2010


Advised Virgin Money on its acquisition of 50% stake in VMSA from Absa
2010

Advised Virgin Money on its investment from
WL Ross
2010

Advised Virgin Money on its acquisition of Church House Trust
2010


Advised Virgin Money on its credit card partnership agreement with MBNA
2008

Advised Soho China on its IPO on the HKSE
2007

Advised Moneybarn on its capital raise from EAM and Rothschild
2007


Advised Prime Rate on its expansion capital raise from Matrix
2007

Advised Sparck Hypotheken on its debt and equity financing
2005