funds managed by LCM Partners to acquire Consumer Vehicle Finance business

Funds managed by LCM Partners have agreed to acquire the Consumer Vehicle Finance business in an asset sale transaction. The deal was announced and completed on 25 February 2026 within the United Kingdom. The specific financial terms of the acquisition were not disclosed to the public, and the consideration structure remains unreported. This transaction represents a significant transfer of assets within the consumer vehicle finance sector, allowing the buyer to enter or expand its position in the market without a full corporate acquisition.

The transaction has been finalised, with the status recorded as completed on the announcement date. No further regulatory approvals or conditions are currently pending for the completion of this deal. The parties involved have successfully concluded the exchange of assets, marking the end of the negotiation phase. This outcome provides immediate clarity for stakeholders regarding the ownership status of the business unit. The deal stands as a completed asset sale within the UK financial services landscape.