The Pulse Finance leadership team has completed a Management Buyout (MBO) and returned the working capital provider based in Hampshire to independent ownership.
Director Toni Dare and Sales and Marketing Director Martin Bennison led the transaction and took over the company from her previous parent with financial support from Arena Investors LP.
The buy-out includes a brand innovation and a renewed focus on expanding the series of financing solutions of Pulse Finance for small and medium-sized companies (SMEs) in the United Kingdom.
Pulse was founded in 2008 by Dare, who remained in the position after the company was sold to a third in 2019. The new MBO sees to regain ownership alongside Bennison, where both managers want to build on the recent growth of the company in invoicing and trade financing.
Dare said that the company is going on a new phase with the support of a devoted financing partner and a strategy to invest in talent and services. “From the perspective of our customers and introducers, it’s things as usual,” she said.
Advisors from the deal were Noel Ruddy and Dawn Shadwell from Cripps, and Mark Lucas and Calvin Bond of Quantuma.
Pulse Finance said it has seen an increased demand for flexible financing solutions in the midst of continuous macro -economic uncertainty, with rising interest rates, inflation and employment costs that exert pressure on SMEs. The company intends to use its new ownership structure to scale up activities and to increase the market range.
Bennison said that the company is well positioned to support SME customers with tailor -made financing packages. “We have earned a reputation to help where others cannot do that, aimed at the quality of the debt to deliver solutions that meet the working capital needs of companies,” he said. “Our goal is to enable more companies to gain access to financing to support growth in a challenging economic climate.”
“Pulse Finance completes MBO with support from Arena Investors” was originally made and published by Leasing Life, a brand global data.
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