Marc Bertola Sells Stake In Y3S Loans
The move marks a new era for the group which started as a small credit brokerage employing just three people at a small flexible office in Cardiff Bay
Online, September 14, 2012 (Newswire.com) - Marc Bertola sells stake in Y3S Loans
The Monaco based venture capitalist Marc Bertola, who has a variety of financial interests including commercial and residential funding organisations and marketing and loan broking networks in the UK, Europe and the USA, has sold the balance of the shareholdings of Y3S Loans to the directors Matt Cottle and Barney Drake. The directors of y3sloans.com and its associated subsidiaries Intelligent Loans and b2b Loans & Mortgages have completed a deal which takes them to full ownership of the businesses.
The move marks a new era for the group which started as a small credit brokerage employing just three people at a small flexible office in Cardiff Bay, with its initial capital provided by Marc Bertola.
The group now employs around seventy staff on three sites in Cardiff, with the head office situated on Ocean Way in a state of the art purpose-built office.
The deal was made up of an initial lump sum plus deferred consideration, during which time Marc Bertola will remain as a consultant to the loans business.
The Monaco based venture capitalist Marc Bertola, who has a variety of financial interests including commercial and residential funding organisations and marketing and loan broking networks in the UK, Europe and the USA, has sold the balance of the shareholdings of Y3S Loans to the directors Matt Cottle and Barney Drake. The directors of y3sloans.com and its associated subsidiaries Intelligent Loans and b2b Loans & Mortgages have completed a deal which takes them to full ownership of the businesses.
CREDITS
Marc Bertola
Marc Bertola Monaco
Marc Bertola Loans
Marc Bertola Lending
Reverse Media Group
Reverse Media Limited
www.reversemedia-group.com