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.