Debtmatters buys Loanmakers
I find it quite interesting that at the same time it announced it’s maiden results Debtmatters, the listed IVA specialist, announced the acquisition of Loanmakers for an initial consideration of £10m.
The Co Founders of Loanmakers will both stay on at the larger organisation in the hope of growing the Secured Loans division. As part of the purchase agreement, they have been given a large incentive package from Debtmatters to do this.
I just hope that one day someone comes in with a few quid to buy We Introduce You. But as it’s fun working for an on-line business , lets hope this isn’t for a while yet.
