Editorial

07 Dec 2015 Non-Standard Finance Acquisition of Everyday Loans

Non-Standard Finance Acquisition of Everyday Loans – Non-conforming lender Non-Standard Finance plc is to acquire lender Everyday Loans Holdings Limited from Secure Trust plc. The high street consumer credit business has been acquired in a deal worth GBP235m. John van Kuffeler, NSF Chairman, commented “Everyday Loans is a strong and differentiated business for which we have exciting expansion plans. By applying our expertise and management skills we intend to grow its branch network; widen its customer base; and accelerate growth in its guaranteed loans business.” (Slaughter and May advised Non-Standard Finance plc).

Financial Centre : London
Law Firm : Slaughter and May
Lawyer : Andy Ryde

Practice Area : Corporate and M&A
Classification : Strategic Buyer Acquisitions
Sub-classification : Private Company
Industry : Financial Services

Advised Party : Acquiror
Value USD Equiv : 100.01-500.00

Target Company Jurisdiction: : United Kingdom
Acquiror Jurisdiction: : United Kingdom