Who Owns Shawbrook Bank and Its Sale History

Shawbrook Bank has undergone significant changes in ownership over the years. Shawbrook Bank was founded in 2011 by a group of investors including its current chairman, Lord Bamford.

The bank's initial investors included OakNorth Bank, a UK-based bank, and its chairman, Lord Bamford.

In 2017, Shawbrook Bank was acquired by a consortium of investors led by Duke Street, a UK-based private equity firm. Shawbrook Bank's acquisition was a significant milestone in its history.

The consortium acquired a 75% stake in Shawbrook Bank, valuing the bank at around £1.3 billion. This deal marked a major shift in the bank's ownership structure.

Shawbrook Bank's acquisition by Duke Street was a strategic move to expand the bank's services and offerings.

BC Partners is considering a sale or IPO for Shawbrook Group, a UK-based specialist savings and lending bank.

US investment banks Bank of America and Morgan Stanley have been tapped to advise on the potential process.

BC Partners is exploring options for Shawbrook Group, which has been a key player in the UK's specialist savings and lending market.

BC Partners is considering a sale or IPO for Shawbrook Group, a UK-based specialist savings and lending bank.

British private equity firm BC Partners has tapped US investment banks Bank of America and Morgan Stanley to advise on the potential process.

The sale or IPO plan for Shawbrook Group is reportedly being explored by BC Partners.

BC Partners' consideration of a sale or IPO for Shawbrook Group suggests a potential shift in the bank's ownership or financial structure.

BC Partners has hired Bank of America and Morgan Stanley to advise on the potential sale or IPO of Shawbrook Group.

Plans to sell UK challenger bank Shawbrook for £2bn have been dropped by its private equity owners, BC Partners and Pollen Street Capital.

The decision was reportedly made after they failed to attract bids worth £2bn for the lender.

Shawbrook is a UK-based asset finance provider, which suggests that it specializes in providing financial services for businesses or individuals looking to acquire assets, such as equipment or property.

The sale plans were reportedly dropped after the private equity owners were unable to find a buyer willing to pay the desired price of £2bn.

Shawbrook Bank was launched in 2011 after private investors led by RBS Equity Finance bought Whiteaway Laidlaw Bank from the Manchester Building Society.

The bank rebranded as Shawbrook Bank in October 2011, marking the beginning of its new identity.

In 2012, Shawbrook acquired Singers Asset Finance and rebranded it as Shawbrook Asset Finance in 2013.

The bank continued to grow through acquisitions, buying Centric Commercial Finance in June 2014 and rebranding it as Shawbrook Business Credit.

Shawbrook Bank was the subject of an initial public offering in April 2015, raising £90m of cash to support its capital position and future growth.

In July 2017, a consortium led by BC Partners and Pollen Street Capital acquired the business for £868 million.

Shawbrook had made unsuccessful takeover offers for Metro Bank prior to its successful capital raise in October 2023, and had also made an offer for Co-op Bank around the same time.