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Articles Corporate 12th Mar 2019

Freeths advises DivideBuy on £60m funding

Freeths LLP is proud to have advised DivideBuy on its £60m investment and debt financing from private equity investors and UK banks.

DivideBuy is based in Stoke-on-Trent and has a technology based approach to lending, the financing will enable the business to continue to develop technology in offering interest free credit to both retailers and consumers. The backing saw investment from Souter Investments and debt facilities from Shawbrook and Paragon Bank.

Freeths specialist advisers across the Corporate, Banking and Financial Services and Regulatory teams advised on the transaction, including John Heaphy, Jody Webb, Adam Edwards, Mallory Coxe and Adam Wood.


The content of this page is a summary of the law in force at the present time and is not exhaustive, nor does it contain definitive advice. Specialist legal advice should be sought in relation to any queries that may arise.
Jody Webb, Director

Author: Jody Webb

Director

John Heaphy, Partner

Author: John Heaphy

Partner

Adam Edwards, Director

Author: Adam Edwards

Director

Mallory Green

Author: Mallory Coxe

Associate

Author: Adam Wood

Associate

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