Slaughter and May is advising Shawbrook Group plc (“Shawbrook”) on the acquisition of ThinCats Group Limited (“ThinCats”), a leading specialist lender with a strong track record in providing bespoke funding to established, growth-focused SMEs.
The acquisition of ThinCats represents a strategic investment in accelerating the growth of Shawbrook's existing presence in the specialist SME lending market, underlining Shawbrook’s commitment to supporting UK SMEs with highly tailored finance facilities and relationship-led service.
Completion is expected to occur later in 2025 with the acquisition projected to include a loan book of approximately £0.7 billion.
Slaughter and May worked as part of an integrated team with Shawbrook’s deal team, including Shawbrook’s General Counsel Daniel Rushbrook, Legal Director Sam Foskett, Head of Legal Vishal Shah and Head of Corporate Development Andrei Timoshenko.