PwC is pleased to announce its role as the lead advisor to Acquired.com in securing £4m in funding from Beach Point Capital. This strategic investment will enable Acquired.com to accelerate its growth and enhance its product development in the recurring commerce sector.
Acquired.com, a next-generation payments platform, has experienced three years of consecutive and rapid growth. The new funding will support the company's continued expansion and investment in its core payment pillars, including Card Processing, Direct Debit, Pay by Bank, and Real-Time Payments.
Greg Cox, Founder and CEO of Acquired.com and its parent company Quint Group, added:
“This is an exciting time for Acquired.com - this investment will enable us to double down on our focus of delivering a best in class payments experience for recurring commerce. We’ve worked hard to build out a brilliant product and a fantastic team, so I’m excited to see what is to come.”
Dean Stoyanov, Director at PwC Debt & Capital Advisory, commented:
“We are delighted to have advised Acquired.com on this notable debt raise. The investment from Beach Point Capital will provide the necessary resources for Acquired.com to continue its impressive growth trajectory and further develop its market-leading payment solutions.”
The PwC Debt & Capital Advisory team advising on the deal consisted of Dean Stoyanov, Bella Zaritski, and Steven Asquith.