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Case Study

H&T Group diversifies funding sources with long-term fixed rate financing

H&T Group ("H&T" or the "Company") is the UK’s largest pawnbroker operating through 278 stores and is a leading retailer of new and pre-owned jewellery and watches.

Case Study

H&T Group diversifies funding sources with long-term fixed rate financing

H&T Group ("H&T" or the "Company") is the UK’s largest pawnbroker operating through 278 stores and is a leading retailer of new and pre-owned jewellery and watches.

At a Glance

Pricoa Private Capital’s relationship with H&T began in September 2023 with the Company seeking a long-term funding partner to provide diversification to its funding sources and support the ongoing growth in the business. In February 2024, we provided £25 million Senior Secured Notes split across 5-year (£10 million) and 7-year (£15 million) bullet maturities.

H&T chose to partner with us given our differentiated capital offering, our ability to understand of the unique characteristics of the business & sector, and the strong relationship that had been built between H&T and Pricoa.

We are excited to begin our funding relationship with H&T Group through this investment, and we look forward to supporting the Company in the years to come.

Relationship Since 2023
Transaction details:
  • £25,000,000 Senior Secured Notes
Meet the Team
“We are pleased to call Pricoa a partner. They took the time to understand our business, our ambition and our values. Their ability to structure a flexible, competitive financing package will help support our growth strategy over the long-term.”
Chris Gillespie, CEO H&T Group

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+44 207 621 8433
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London, Home Counties, & Scotland

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