Consolidation hits premium finance market
The deal, effective 26 March, involves CPF’s parent, Close Brothers, purchasing 100% of the issued share capital of the company for £2 million.
Bob Golden, CPF’s CEO, commented: “This acquisition is excellent news both for Close and for Amber Credit’s existing brokers. What CPF is able to offer Amber Credit brokers is certainty of funding during a difficult period in the markets and access to systems, products and services unsurpassed in the industry.
“The deal brings to CPF an excellent
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