Tower Street Finance Limited
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Tower Street Finance Limited - overview
Established
2019
Location
-, North Yorkshire, UK
Primary Industry
Financial Services
About
Tower Street Finance Limited is a UK-based company specializing in probate and family law financing, providing essential funding solutions for individuals and legal professionals navigating complex legal processes. Founded in 2019, Tower Street Finance Limited operates primarily in the legal financing sector. The company focuses on providing financial solutions to clients involved in probate and family law disputes. Andrew Bartle, the founder, has previously founded other companies, showcasing a history of entrepreneurial activity.
The firm has completed 3 deals to date, with its most recent deal occurring on 2 May 2024, when it was acquired by Integro Funding Limited, which subsequently enhances its legal funding capabilities. Tower Street Finance Limited offers specialized lending products, including Inheritance Advance Loans and Inheritance Tax Loans. These services allow clients to access funds from their expected inheritance sooner and provide financial support for Inheritance Tax and related expenses. They cater to solicitors, estate executors, and individuals in family law disputes across the UK.
The company has established a reputation in the legal financing market, having lent over GBP 170 million to thousands of clients, focusing on alleviating financial strains during legal processes. The company generates revenue through its lending activities by providing upfront cash against expected inheritances or legal costs. Clients often receive funds quickly, typically within days of their application. Each lending request is evaluated on an individual basis, with amounts determined by expected settlements or inheritances.
Tower Street Finance Limited's tailored lending products, such as Inheritance Advance Loans, reflect a commitment to meeting diverse financial needs, contributing to high customer satisfaction ratings as shown in their reviews. Following its acquisition by Integro Funding Limited in May 2024, Tower Street Finance Limited plans to enhance its legal funding capabilities. The integration will focus on developing new financial products tailored for the legal sector. Additionally, the firm aims to expand its operations into new geographical regions in the UK by the end of 2024.
Recent funding will be utilized to support these initiatives, further solidifying its position in the legal financing market.
Current Investors
Integro Funding Limited
Primary Industry
Financial Services
Sub Industries
Consumer Finance
Website
www.towerstreetfinance.co.uk
Verticals
FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Tower Street Finance Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Tower Street Finance Limited | - |
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