Investments
6Portfolio Exits
4Partners & Customers
2About Close Brothers Group
Close Brothers Group is a specialist financial services and merchant banking group, providing lending, deposit taking, wealth management services, and securities trading. Divisions include Close Brothers Asset Management, Close Brothers Asset Finance, Close Brothers Invoice Finance, and more.
Close Brothers Group Headquarter Location
10 Crown Place
London, England, EC2A 4FT,
United Kingdom
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Latest Close Brothers Group News
Oct 8, 2021
Close Brothers Asset Finance’s transport team has appointed Kingsley Smith to the position of dealer manager in the UK Midlands. Smith will work closely with […] The post Close Brothers AF appoints midlands dealer manager to transport team appeared first on Leasing Life.
Close Brothers Group Investments
6 Investments
Close Brothers Group has made 6 investments. Their latest investment was in Alcedo Care as part of their Line of Credit on July 7, 2021.
Close Brothers Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/27/2021 | Line of Credit | Alcedo Care | $2.78M | Yes | 3 | |
5/19/2021 | Series B | |||||
3/5/2020 | Line of Credit | |||||
9/1/2001 | Seed | |||||
6/15/2001 | Growth Equity |
Date | 7/27/2021 | 5/19/2021 | 3/5/2020 | 9/1/2001 | 6/15/2001 |
|---|---|---|---|---|---|
Round | Line of Credit | Series B | Line of Credit | Seed | Growth Equity |
Company | Alcedo Care | ||||
Amount | $2.78M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 3 |
Close Brothers Group Portfolio Exits
4 Portfolio Exits
Close Brothers Group has 4 portfolio exits. Their latest portfolio exit was Close Brothers Retail Finance on September 14, 2018.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
9/14/2018 | Divestiture | 3 | |||
Date | 9/14/2018 | |||
|---|---|---|---|---|
Exit | Divestiture | |||
Companies | ||||
Valuation | ||||
Acquirer | ||||
Sources | 3 |
Close Brothers Group Acquisitions
5 Acquisitions
Close Brothers Group acquired 5 companies. Their latest acquisition was Corporate Asset Solutions on March 05, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
3/5/2020 | Acquired | 1 | ||||
3/14/2011 | ||||||
2/28/2005 | ||||||
1/1/2000 | Acquired | |||||
9/30/1999 | Private Equity |
Date | 3/5/2020 | 3/14/2011 | 2/28/2005 | 1/1/2000 | 9/30/1999 |
|---|---|---|---|---|---|
Investment Stage | Acquired | Private Equity | |||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | ||||
Sources | 1 |
Close Brothers Group Partners & Customers
2 Partners and customers
Close Brothers Group has 2 strategic partners and customers. Close Brothers Group recently partnered with Deposit Solutions on August 8, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
8/19/2019 | Partner | Deposit Solutions | Germany | Deposit Solutions partners with Close Brothers to collect from Switzerland Deposit Solutions , open banking pioneer and leading international platform for savings deposits , partners with Close Brothers Limited to offer savings deposit products on its Swiss direct B2C channel Savedo . | 3 |
7/9/2019 | Partner |
Date | 8/19/2019 | 7/9/2019 |
|---|---|---|
Type | Partner | Partner |
Business Partner | Deposit Solutions | |
Country | Germany | |
News Snippet | Deposit Solutions partners with Close Brothers to collect from Switzerland Deposit Solutions , open banking pioneer and leading international platform for savings deposits , partners with Close Brothers Limited to offer savings deposit products on its Swiss direct B2C channel Savedo . | |
Sources | 3 |
Close Brothers Group Team
12 Team Members
Close Brothers Group has 12 team members, including current Chief Executive Officer, Rebecca McNeil.
Name | Work History | Title | Status |
|---|---|---|---|
Rebecca McNeil | Close Brothers Motor Finance, Barclays UK, Barclays Bank, GE Capital, and American Express | Chief Executive Officer | Current |
Preben Prebensen | Chief Executive Officer | Current | |
David Thomson | Close Brothers Invoice Finance, Barclays Bank, and HSBC | Chief Executive Officer | Current |
Martyn Atkinson | Chief Operating Officer | Current | |
Jaco Wilsenach | Chief Operating Officer | Current |
Name | Rebecca McNeil | Preben Prebensen | David Thomson | Martyn Atkinson | Jaco Wilsenach |
|---|---|---|---|---|---|
Work History | Close Brothers Motor Finance, Barclays UK, Barclays Bank, GE Capital, and American Express | Close Brothers Invoice Finance, Barclays Bank, and HSBC | |||
Title | Chief Executive Officer | Chief Executive Officer | Chief Executive Officer | Chief Operating Officer | Chief Operating Officer |
Status | Current | Current | Current | Current | Current |