The leadership team at Pulse Finance has successfully completed a management buyout (MBO), marking a significant milestone for the Hampshire-based working capital provider as it returns to independent ownership. Managing Director Toni Dare and Sales and Marketing Director Martin Bennison spearheaded the transaction, acquiring the business from its previous parent company with financial support from Arena Investors LP.
This strategic move not only signifies a change in ownership but also includes a brand refresh and a renewed focus on expanding Pulse Finance’s suite of funding solutions for small and medium-sized enterprises (SMEs) across the UK. Pulse Finance, founded in 2008 by Dare, has seen steady growth in invoice discounting and trade finance, and the new MBO aims to build on this momentum.
Dare expressed her excitement about the new phase for the business, emphasizing the support of a dedicated funding partner and a strategy to invest in talent and services. She reassured clients and introducers that it will be business as usual, with a commitment to maintaining the high standard of service Pulse Finance is known for.
Advisors to the deal, including Noel Ruddy and Dawn Shadwell of Cripps, and Mark Lucas and Calvin Bond of Quantuma, played a crucial role in facilitating the successful completion of the MBO. Pulse Finance has experienced increased demand for flexible funding solutions amidst ongoing macroeconomic uncertainty, with challenges such as rising interest rates, inflation, and employment costs impacting SMEs. The company plans to leverage its new ownership structure to scale operations and expand its market reach.
Bennison highlighted Pulse Finance’s reputation for providing tailored financing packages to SME clients, particularly in situations where traditional lenders may not be able to offer assistance. The focus on the quality of debt allows Pulse Finance to deliver customized solutions that meet businesses’ working capital needs, supporting growth in a challenging economic environment.
The original article, “Pulse Finance completes MBO with backing from Arena Investors,” was first published by Leasing Life, a GlobalData-owned brand. The information provided in this article is intended for general informational purposes only and should not be relied upon as advice. It is recommended to seek professional or specialist advice before making any decisions based on the content presented here.
