November 22, 2024
Finance company, Ravenscroft, in sales talks with UK firm #UKFinance

Finance company, Ravenscroft, in sales talks with UK firm #UKFinance

CashNews.co

A Channel Islands’ finance company could be sold to a private equity firm from the UK, if a proposed deal goes through.

Ravenscroft employs more than 100 people across Guernsey and Jersey.

The investment company is in talks about a possible sale with London-based Titan Wealth, which previously bought out Ravenscroft’s UK business in 2023.

Shareholders were told about the prospective deal at the company’s annual general meeting this week.