Seventeen Group completes refinancing
Seventeen Group, the parent firm of broker James Hallam, has refinanced with Ares Management.
The deal, for an undisclosed sum, replaces the previous debt funding provided by Beechbrook Capital.
According to the business, which also owns Touchstone Underwriting, the arrangement will allow the group to continue its long term partnership with Virgin Money and give it increased capability to continue its long term growth plans.
Long-termSeventeen Group CEO, Paul Anscombe, commented: “This is an important milestone for the Group as it provides a long-term funding partnership relationship
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