Ashcombe advises Franchise Finance on its sale to Hitachi Capital
Ashcombe is pleased to announce that it has advised Franchise Finance Limited on its sale to Hitachi Capital (UK) plc (“Hitachi”). Franchise Finance is an award-winning provider of specialist services to the franchise sector, including arranging finance, business planning, training and consultancy.
Robert Gordon, CEO of Hitachi, said:
“Hitachi has delivered significant organic growth for almost a decade by ensuring we provide current and prospective customers with relevant products and services across our business units. Franchise Finance is a natural fit for Hitachi. With a strong market share and a well-established business training offering, the deal provides a real opportunity to enhance our offering to both existing and new customers.”
Stuart Walsh, Managing Director of Franchise Finance, said:
“This deal will enable Franchise Finance to grow significantly our value proposition for the franchise market, providing Hitachi’s current and prospective customers with specialist knowledge and funding that could prove crucial to their business or franchise success.”
Commenting on Ashcombe’s role, Stuart added
“Ashcombe provided invaluable support to us during this process. Their knowledge of the sector, combined with their M&A advisory expertise, played a significant part in the successful completion of the transaction.”
Since 2014, Ashcombe has worked on 37 financial services transactions with a combined value of c£6bn.