Bentley Park acquires Time Finance
Analysis based on 6 articles · First reported Aug 17, 2026 · Last updated Aug 17, 2026
The acquisition is expected to boost Time Finance's share price, which rose as much as 10.5% on the announcement, reflecting the premium offered. The deal consolidates the UK SME lending market, potentially increasing competition and scale for the combined entity, while shareholders of Time Finance benefit from the cash premium.
Time Finance PLC, an AIM-listed alternative finance provider, has agreed to a recommended £55.13 million cash takeover by Bentley Park (UK) Limited, the parent company of Ultimate Finance Group Limited. Under the terms, Time Finance shareholders will receive 59.1 pence per share, a 12.6% premium to the closing price on 14 August 2026. The deal will create a combined net loan book of nearly £650 million, combining Time Finance's £218 million book with Ultimate Finance's £430 million book. Bentley Park has secured irrevocable undertakings covering about 47.36% of Time Finance's shares, including from directors and major shareholders. The transaction is expected to be implemented via a court-sanctioned scheme of arrangement and is subject to shareholder, court, and regulatory approvals, including FCA clearance. The acquisition is expected to complete in Q4 2026. Time Finance's board has unanimously recommended the offer, advised by Cavendish Capital Markets. The combined entity aims to create a larger, multi-product UK SME lending platform with broader capabilities and cross-selling opportunities.
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