Ashcombe advises Castle Trust Capital plc on acquisition of Omni Capital Retail Finance
Ashcombe Advisers is pleased to announce that it has advised Castle Trust Capital plc on its acquisition of Omni Capital Retail Finance ("OCRF"), a leading retail point-of-sale finance provider.
OCRF provides finance primarily for online retail transactions to prime borrowers across six main sectors. The company works with a large number of retailers which can generate incremental revenues with minimimal technological integration using an intuitive and easy to understand customer journey.
Sean Oldfield, CEO of Castle Trust, said:
"The Omni Capital Retail Finance business is an excellent opportunity to acquire a business that provides online retail point of sale finance. Its portfolio of retailers creates a unique franchise in the market. The business being acquired has an experienced management team with extensive experience in the online retail point of sale sector. The Ashcombe team provided high-quality support throughout this transaction."
Since 2014, Ashcombe has worked on 24 financial services transactions with a combined value of approximately £4bn.