Buyout trio buys Demica

The company has been purchased from previous owner JM Huber Corporation, which had acquired Demica in 2002. Following the transaction, JM Huber will remain a client of Demica.

The fresh capital will be used to expand Demica's products and services to existing and new clients.

Company
London-based Demica provides working capital to financial institutions, corporates and boutique clients. It specialises in asset-based lending, supply-chain finance and invoice discounting.

People
Joanna Nader is a partner and chief investment officer of JRJ. Phillip Kerle is CEO of Demica.

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• Topics
• Buyouts
• Financials
• UK / Ireland
• United Kingdom
• JRJ Group