Commercial law firm Hill Dickinson has advised TruFin on the company’s disposal of its majority stake in Vertus Capital (a specialist lender to independent financial advisers) to Enable Partners.
The disposal of Vertus, at an attractive valuation, simplifies and focuses the TruFin business. The sale proceeds further strengthen TruFin’s robust balance sheet as we look forward to continued momentum at Oxygen, Satago and Playstack.James van den Bergh
TruFin’s Chief Executive Officer
According to TruFin’s chief executive officer, James van den Bergh, “The disposal of Vertus, at an attractive valuation, simplifies and focuses the TruFin business. The sale proceeds further strengthen TruFin’s robust balance sheet as we look forward to continued momentum at Oxygen, Satago and Playstack.”
Corporate partner James Paton-Philip led on the provision of legal advice to TruFin, assisted by Cyprien Berlan (Associate) and Oliver Hart (Trainee Solicitor).