Partners& secures new debt facility to help drive growth
Partners& has secured a £20m debt facility with Santander UK to help it continue its organic and acquisitive growth.
Founded in April 2020, Partners& has previously operated exclusively with equity capital from its long-term partner, Capital Z and management/employees.
The start-up saw five broking businesses come together to form the platform of the new enterprise – MRIB and Independents, La Playa, CGI and Versatile. The combination created a team of 140 people, based in nine offices controlling approximately £65m in gross written premiums.
In its most recent Companies House results filing, Partners& reported
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