14 years ago
Palatine Private Equity Backs Management Buyout of MoneyPlus Group
Palatine Private Equity has backed the management buyout of MoneyPlus Group (MPG), a UK-based consumer financial services group
Palatine provided equity funding alongside the company's CEO, Chris Davis, and senior management team
PNC Business Credit provided working capital facilities
MPG intends to use the proceeds to make further acquisitions and extend its offerings to consumers into other areas, including insurance and legal services under the MoneyPlus brand.