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PRIVATE EQUITY
 

Growth Capital

Chiltern (UK) Limited

In November 2005 the Growth Capital team completed an investment in Chiltern (UK) Limited, one of the UK’s leading providers of debt management services to consumers. The business was bought by its management team and incoming Chief Executive Mark Bowler in a Buy-in Management Buy-out (“BIMBO”).

Chiltern (UK) works with consumers who have got into difficulties with personal debt to develop a debt management programme which the client is able to afford. The rapid growth in recent years reflects the well-documented increase in consumer debt over this period. The business is based in Altrincham, Cheshire and is a founder member of the Debt Management Standards Association (DEMSA).

Chiltern (UK) Limited

Initial Investment: November 2005

Company: Chiltern (UK) Limited

Company website: www.chiltern.uk.com

Deal Type: MBI

Funding: £1.55 million

Sector: Financial Services

Team: Growth Capital