Tue, 02 Mar 2021 | BUSINESS SALE
Specialist recruitment consultancy On-Site Group has completed the acquisition of business finance brokers Crest Finance. Following the acquisition, Crest Finance will become On-Site Finance, giving the group the capacity to offer its clients a full range of business finance and funding services.
Portsmouth-based On-Site Group is a recruitment specialist serving companies in the construction, data communications, electrical and mechanical sectors. The acquisition of Crest Finance will expand the range of services On-Site can offer and also adds Crest’s marketing team to the business, which will be valuable in using telemarketing to generate leads.
Crest Finance was founded in 2012 and has grown to be the South Coast’s largest lender for business funding, as well as a platinum partner of all lenders. The 12-strong company works with an array of clients, providing a full range of business finance services, such as asset finance, invoice finance and property finance.
During the COVID-19 pandemic, Crest Finance has also helped SMEs seeking financial support via the Coronavirus Business Interruption Loan Scheme (CBILS).
On-Site Group MD Richard Whale said: “This is another exciting acquisition for On-Site Group. Crest Finance is a business that we have worked closely with for many years. Their culture and ambition has always impressed us and we are very excited that this opportunity has arisen. We are confident that this will offer opportunities that not many of our competitors can, and that our suite of services continues to expand.”
Crest Finance MD Trevor Deacon added: “Having raised over £100m of funding for businesses over the past eight years, alongside the provision of specialist B2B telemarketing campaigns, the business is a perfect fit for the Group for the provision of in house services and raising finance for clients of On-Site.”
Find businesses for sale here.
If you are looking for an exit, we can help!
Aims to find the most suitable policy for its clients, with policies offered including commercial, homeowners, contents, pet and travel insurance.
LEASEHOLD
The company offers innovative, efficient and professional support to insurers, corporations and fleets, providing a range of claims handling services with complete end-to-end capability.
LEASEHOLD
Established over 30 years. Specialises in the provision of candidates for a range of permanent and temporary business support and executive assistant positions.
LEASEHOLD
21
|
Apr
|
English vineyard business put up for sale | BUSINESS SALE
A specialist English Pinot Noir vineyard in Worcestershire h...
20
|
Apr
|
Administrators appointed as UK logistics firm collapses | ADMINISTRATION
West Bromwich-based courier and logistics firm New Generatio...
20
|
Apr
|
Company insolvencies begin to rise in March as pandemic impact shows | BUSINESS NEWS
Government figures show that UK company insolvencies rose 44...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources