Harrington Brooks (formerly All Clear Finance) is one of the UK’s largest providers of debt management and consolidation services.

The Manchester based company was founded in 1998 since when it has enjoyed tremendous organic growth, culminating in a listing in the 2004 Sunday Times Fast Track 50. Today Harrington Brooks helps over 10,000 clients with a variety of debt management services, including debt consolidation, re-mortgage and IVA services.

With UK household indebtedness at unprecedented levels, the sector dynamics are highly favourable for Harrington Brooks.

The investment

The £15 million MBO, the first transaction out of Inflexion’s Manchester office, was led by Tim Smallbone and Andrew Mainwaring. Tim joined the Board of Directors. Funds managed by Inflexion invested £6.3 million at acquisition. The vendors re-invested substantial proceeds alongside the management team and Inflexion. Debt facilities were provided by Royal Bank of Scotland.