Arbuthnot Banking Group acquisition of Asset Alliance may be first of several more

Arbuthnot Banking Group plc (LON:ABG) is the topic of conversation when Mark Thomas, Analyst at Hardman & Co joins DirectorsTalk. Mark runs us through the deal, the strategy, terms of the deal, more about Asset Alliance and thoughts on more deals like this.

Arbuthnot Banking Group has a well-funded and capitalised private bank, and has been growing commercial banking very strongly. It holds a 9.85% stake in Secure Trust Bank (STB).

Sir Henry Angest Chairman and CEO of the Group said:

“We are delighted to welcome Willie and his team to the Group. This acquisition of Asset Alliance is complementary to our strategy of diversification and developing businesses in the specialist commercial finance sectors. Their experienced management team have built the foundations for future growth and now that it will no longer be constrained by third party funding limits, I look forward to Arbuthnot enabling this business to grow and prosper in the future.”

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Hardman & Co

More articles like this

Arbuthnot Banking Group plc

A journey of building, scaling, and letting go

Steve Broughton’s entrepreneurial journey is a testament to determination, growth, and the highs and lows of running a business. From launching his first company at 29 to managing its eventual sale, Steve shares valuable insights about

Arbuthnot Banking Group plc

The future of Credit Unions

Credit unions, known for their ethical and community-driven focus, are navigating a changing financial landscape in the post-pandemic era. During a conversation with Robert Kelly, CEO of the Association of British Credit Unions (ABCUL), and Lee

Arbuthnot Banking Group plc

AJ Moran secures new financing with Arbuthnot Commercial ABL

Arbuthnot Commercial Asset Based Lending (ACABL) recently provided a custom working capital refinancing facility for AJ Moran Ltd, a major contractor in the Thames Valley new-build housing market, focused on dry lining and plastering. AJ Moran,

Arbuthnot Banking Group plc

Preparing your finances ahead of the Autumn budget

With the 30 October Budget fast approaching, it’s an opportune time for individuals to evaluate their financial situation. Rachel Wyatt, a wealth planning expert, offers practical advice on maintaining long-term financial goals, regardless of the outcomes