Product Partnerships Limited Completes MBO Backed by £10m Investment
Deal News | Feb 12, 2025 | Business Cloud
Compliance solutions provider Product Partnerships Limited (PPL), based in Leeds, has completed a management buyout (MBO) backed by a £10 million funding package from Arete Capital and TDC's Impact Fund. This significant investment will allow PPL to expand its compliance services and enhance its proprietary technology platform. PPL serves a variety of high-profile clients, including Google and Aston Martin, and manages over £260 million in credit transactions. With this financial boost, PPL plans to accelerate organic growth, explore strategic mergers and acquisitions, and expand into high-growth sectors like green energy. The management team, bolstered by strategic appointments such as a new chair, chief compliance officer, and CFO, will drive these initiatives. Partners at Arete highlight PPL as a dynamic company with substantial growth potential in the retail compliance market.
Sectors
- Compliance and Regulatory Services
- Financial Services
- Technology
Geography
- United Kingdom – PPL is a Leeds-based company, and the investment and business activities discussed are primarily within the UK.
Industry
- Compliance and Regulatory Services – PPL provides outsourced compliance services, making this a core industry related to their business activity.
- Financial Services – The company operates under the Financial Conduct Authority regulations and manages credit transactions, aligning with the financial services sector.
- Technology – The focus on enhancing a proprietary technology platform and developing it into a SaaS solution links PPL to the technology sector.
Financials
- £10 million – Funding provided for the management buyout of PPL.
- £260 million – Amount in credit transactions overseen by PPL across its network.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Product Partnerships Limited (PPL) | Target Company | Company | A Leeds-based compliance solutions provider. |
| Arete Capital | Investor | Company | Provided part of the £10m investment package for PPL's management buyout. |
| TDC's Impact Fund | Investor | Company | Contributed to the £10m investment in PPL. |
| Phillip Garlick | CEO of PPL | Person | Chief Executive of Product Partnerships Limited overseeing the company's expansion and strategic initiatives. |
| Peter Cowgill | Chair of PPL | Person | Recently appointed Chair of PPL, formerly at JD Sports. |
| Simon Lord | Partner at Arete | Person | Partner involved in the investment from Arete Capital. |