Australian technology and debt collection provider Credit Clear has announced it has entered into a binding agreement to purchase debt collection agency (DCA) ARC (Europe) pending FCA approval. Credit Clear says that the acquisition marks a major milestone for the company, expanding its footprint into the UK and European markets, adding immediate scale and unlocking cross-sell opportunities…
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Moore Kingston Smith has announced that it has acquired CBW Recovery (CBWR), a London-based partnership of insolvency practitioners. The acquisition of CBWR’s team of two licensed insolvency practitioners and eleven professionals, led by Joe Colley, expands and strengthens Moore Kingston Smith’s existing Restructuring & Insolvency team. Mirroring the full spectrum of insolvency appointments and advisory…
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Citysave Credit Union and Fusion Credit Union have announced that the two companies have completed a merger. The merger integrates all Fusion members into Citysave’s operations. It expands Citysave’s reach throughout Birmingham, Sandwell, Warwickshire, Cannock Chase, South Staffordshire, Solihull, Redditch, Bromsgrove, and Lichfield. Citysave CEO, Sean Lynch said “By combining our strengths, we are better…
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Shipleys LLP has announced that it will be merged with Moore Kingston Smith. Shipley’s says that the merger enables both firms’ clients to benefit from an expanded suite of professional services and expertise. As a result, Shipleys will rebrand to Moore Kingston Smith on 6th May 2025. Shipleys’ 19 partners and 150 people are now…
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Financial software solutions specialist, Aryza has announced the acquisition of RiskLogix Solutions, a provider of governance, risk, and compliance (GRC) solutions. Aryza says that the integration of RiskLogix Solutions will enable significant synergies through an overlapping customer base. Existing customers of both companies will benefit from an expanded suite of products and services, creating a…
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TransUnion has announced that it has signed a definitive agreement to acquire Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver highly personalised credit offers to consumers via comparison websites and other third parties. TransUnion currently owns 30% of the equity of Monevo after acquiring a minority stake in 2021 and…
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The UK Competition and Markets Authority (CMA) has released its provisional findings on the proposed merger between Vodafone and Three, raising concerns that the deal could lead to higher prices and reduced service quality for millions of UK mobile customers. The investigation, led by an independent inquiry group, has provisionally concluded that the merger would…
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Coventry Building Society has agreed to a takeover of the Co-operative Bank for £780 million under the agreement the firms have signed a share purchase agreement under which the building society will acquire the entire issued share capital of Co-operative Bank. The combined group will be led by the mutual’s chairman David Thorburn and…
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Midlands-based accounting and advisory firm PKF Smith Cooper (PKFSC) has acquired West Midlands insolvency boutique BLB Advisory. BLB’s Director and owner Brett Barton and seven team members will join PKF Smith Cooper as part of the acquisition. The acquisition will see the PKF Smith Cooper team gain a further 80 years of experience and expertise…
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Nationwide Building Society has had an all-cash bid for Virgin Money accepted. The move that will make Nationwide the UK’s second-largest mortgage provider, leapfrogging Natwest. Nationwide will pay 220p per share comprising 218p per share cash plus a 2p dividend in a deal that values Virgin at £2.9 billion, a 38% premium to Wednesday’s close.…
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Manchester-based MoneyPlus Group, parent company for the brand MoneyPlus Advice has announced that it has completed the purchase of Exeter-based InControl Debt Solutions. This is the second acquisition for MoneyPlus Group this year after acquiring Bright Oak in February. The deal will see InControl’s customers managed under the MoneyPlus Advice brand. Following a detailed due…
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Debt solution company MoneyPlus Group has announced that it has completed the purchase of debt advice management specialist Bright Oak. MoneyPlus Group has received substantial investment over the last 2 years from both Intriva Capital and Oak North Bank and has spent that time fine-tuning internal operations ready for significant scaling. There is no firm…
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Zopa has announced that it is set to acquire buy now pay later (BNPL) specialist DivideBuy. Dividebuy provides point-of-sale (POS) finance technology and lending platforms. The transaction, which will complete in the next few months, marks Zopa’s first acquisition and follows just weeks after the digital lender raised a £75 million to fund acquisitions. DivideBuy…
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