Deal Announcement

DC Advisory and Danske Bank advised JZ International and Freedom Finance Management on the disposal of Freedom Finance Nordic

15 May 2013

Freedom Finance Nordic (“FFN”) is the leading Nordic consumer loan broker with operations across Sweden, Norway and Finland

FFN specialises in the marketing, processing and distribution of unsecured consumer loans, thereby providing a highly cost effective intermediary service to the benefit of both borrowers and lenders

DC Advisory and Danske Bank conducted a focused sale process which attracted significant investor interest

H.I.G. Europe, the European arm of global private equity firm H.I.G. Capital, acquired Freedom Finance Nordic in May 2013

H.I.G. Europe brings a wealth of experience from the UK consumer finance market and is well placed to support the Company’s rapid growth trajector

Products will include a full online price comparison service covering multiple products, from personal loans and insurance to utilities

Deal Team

Andrea Falbo, Director at DC Advisory commented:
“Our ability to execute the disposal of Freedom Finance in an environment of considerable economic uncertainty not only demonstrates buyers’ appetites for cash generative, non capital consumptive assets, but also the appeal of the stable Nordic Markets to European financial investors”