Ashcombe advises Spring Ventures on acquisition of IGF Invoice Finance

Ashcombe Advisers is pleased to announce that it has advised Spring Ventures on the buyout of IGF Invoice Finance, supporting John Onslow, the former CEO of Centric Commercial Finance, to build an SME-focused Asset Based Lender. Spring Ventures will initially invest £9m and has committed a further £11m of follow on capital over the next three years.

This is the 17th completed financial services transaction Ashcombe has advised on since 2014.