Augmentum Fintech accepts a £186 million cash takeover offer

2026-02-27 04:51:00

Verdane’s offer of 111 pence per share—a 27% premium over Augmentum’s closing price on February 24—is being unanimously recommended by the board, paving the way for completion in the second quarter.

Augmentum, which listed on the London Stock Exchange in 2018, has a portfolio of 27 companies including fintechs like Zopa, Tide, iwoca, and Volt.

However, chairman William Reeve acknowledges that the impressive portfolio’s “potential has not been reflected in Augmentum’s market valuation” for shareholders.

Reeve adds: “Over several years, we have faced a persistent and widening discount to Net Asset Value, compounded by low levels of liquidity. This has made it difficult for shareholders to realize the true value of their holdings or for Augmentum to raise the capital necessary to support our ambitions.”

After reviewing strategic options, the offer from Verdane “was the best we received.”

Verdane partner Moez Gharbi says: “We look forward to working with Augmentum’s portfolio companies to help them continue their growth journey. At Verdane, we’re optimistic about the European fintech sector and see potential in continuing to grow companies in this space.”

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