AHP Partners is pleased to announce the successful completion of its advisory engagement for Lloyds Bank on their landmark acquisition of MBNA Limited from Bank of America. The assets of MBNA included credit card receivables totalling approximately £7 billion and multiple co-brand partnerships, including among others, Virgin Atlantic, Emirates, Intu and a number of premier league football clubs. AHP Partners played an active and ongoing role on the transaction from initial expression of interest through to deal signing and completion.
Announcement dated 1 June 2017.
Further details and the press release can be found here
AHP Partners is pleased to announce the successful completion of its advisory assignment for SAV Credit on their acquisition of the retail co-brand credit card / point-of-sale finance business from Santander. The transfer of the business includes over 3.5m customer accounts, more than £1bn in receivables and multiple retailer relationships, including many of the UK high street’s most recognisable brands: the Arcadia Group, Debenhams, House of Fraser, Laura Ashley and others.
Announcement dated 13 May 2013.
Link to announcement by SAV Credit