Transaction

Transaction Details

Closed
August 2, 2019

Sector

Business Services

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GCA Advises The Great Annual Savings Company on a Growth Investment from Tosca Debt Capital

GCA is pleased to announce we advised The Great Annual Savings Group on its growth investment from Tosca Debt Capital.

The Great Annual Savings Group provides cost-saving consultancy services to SMEs, reducing its customers’ operating costs related to energy procurement, energy management, water, telecommunications, insurance, fire safety and more.

Tosca Debt Capital is a leading debt fund, providing debt capital to support the growth plans of some of the UK’s most ambitious businesses. The investment will enable The Great Annual Savings Group to continue its impressive growth trajectory, further penetrating the SME energy intermediary market, and facilitate an exit for early-stage private investor shareholders.

Brad Groves, CEO of The Great Annual Savings Group, said: “The group’s new partnership with Tosca represents a significant milestone in our exciting journey. The investment will facilitate significant growth plans over the next 12 months and help us work towards our vision of becoming the leading UK provider of great cost savings to businesses. I would like to personally thank all parties involved in this process and we look forward to working with the team at Tosca on our next phase of growth."

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