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A-Plan

Sector: Financial Services, Insurance Broking

Country: UK

Investment date: March 2019

Transaction type:  Refinancing

Instrument:  PIK Note

Ownership:  Hg Capital

Leading UK personal lines insurance broker primarily distributing motor and home insurance products to a stable and highly recurring customer base.

A-Plan was acquired in April 2015 by Hg Capital, who have developed the business through strategic acquisitions. FACS provided a PIK note to support a refinancing of the business.

Website: https://www.aplan.co.uk/