Key Takeaways
- Small business lender Iwoca is pursuing a sale.
- Qatalyst has been appointed as the financial advisor.
- The target sale price is set at £1 billion.
- Iwoca is exploring various strategic options.
Sale Process Initiated
Iwoca, a prominent lender for small businesses, has initiated the process of seeking a buyer, aiming for a valuation of around £1 billion. The company has enlisted Qatalyst Partners to guide them through this potential sale.
Strategic Options
As Iwoca explores its strategic options, the involvement of Qatalyst is expected to streamline the sale process and attract potential investors. The lender has been a significant player in the small business financing sector, and this move could mark a new chapter in its growth trajectory.