Quint Group secures £16.5m financing from Natwest to refinance debt and fund acquisitions
Natwest provided the revolving credit facility to support the company expansion and refinance Tosca Capital.
Quint Group operates financial technology services and digital platforms including Monevo. The business has expanded operations internationally, notably in the United States and the UK.
Quint Group has secured a £16.5m revolving credit facility from Natwest. The capital will be used to refinance existing facilities with Tosca Capital and support strategic acquisitions alongside core business investments.
The financing was led by Mike Malone and Nioami Reddington at Natwest. The deal follows strong international momentum, particularly from the company subsidiary Monevo in the US.
Advisers on the transaction included Pinsent Masons for management and Addleshaw Goddard for Natwest, with financial due diligence provided by EY.
From the founder
"2019 represents a huge opportunity for us to consolidate and grow our international presence and new businesses while continuing to innovate in our core markets."
Greg Cox
CEO at Quint Group
Investor perspective
"We are delighted to have supported Quint Group on the next stage of their exciting growth journey and we are looking forward to supporting their continued UK and international expansion."
Richard Smart
Managing Director, Head of Regional Structured Finance, Natwest
Use of funds
- 01Fund acquisitions
Investors
Categories
About the company
Quint Group
Quint Group operates financial technology platforms and consumer credit services.