Brocc Holding Sells Brocc Finance to Cerberus Capital Management

"Roschier advised Brocc Holding on the sale of Brocc Finance to Cerberus Capital Management, L.P. Brocc is a technology-driven Swedish banking group founded in 2016 and expanded by acquiring GCC Capital (rebranded Brocc Finance AB) in 2021. With Cerberus’s backing, Brocc will grow its consumer finance operations and expand into European consumer and SME non-performing loans."

Roschier advised Brocc Holding on the divestment of Brocc Finance to Cerberus Capital Management, L.P. The transaction involves the sale of Brocc Finance by Brocc Holding to Cerberus Capital Management, L.P. Brocc is a technology-driven Swedish banking group with a strong presence in consumer finance across the Nordics. Founded in 2016 as a peer-to-peer lending platform, Brocc evolved into a licensed financial institution following the acquisition of GCC Capital (rebranded Brocc Finance AB) in 2021. Its tech-enabled platform streamlines operations across lending, risk management and product offerings to enable faster decisions, lower costs and integrated customer experiences. With the backing of Cerberus, Brocc will drive the continued growth of its consumer finance vertical and expand into the complementary area of European consumer and SME non-performing loans as a specialised debt restructurer. Roschier represented Brocc Holding with a team composed by: Björn Winström (Partner, Private M&A), Björn Hård af Segerstad (Counsel, Finance & Restructuring) and Alex Skepastianos (Senior Associate, Private M&A).

Brocc Holding Sells Brocc Finance to Cerberus Capital Management

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