Harrington Brooks

About 

Inflexion invested in debt management business Harrington Brooks and helped it expand its offering and make five acquisitions before it was sold for 3.2x money. 

Harrington Brooks (All Clear Finance when we originally invested) was one of the UK’s largest providers of debt management and consolidation services. The company was founded in 1998 and employed over 400 staff by the time Inflexion exited. Harrington Brooks helped clients with a variety of debt management services, including debt consolidation, re-mortgaging and IVA services, and was sold to RJD Partners in 2012. 

Value acceleration 

Harrington Brooks’ management team were looking for a partner to help them capitalise on a fast-changing market to help them grow market share. Under Inflexion’s ownership, Harrington Brooks made five acquisitions and entered the IVA market, becoming one of the leading providers of IVAs in the UK. 

The business further broadened its income streams through service lines including utility bills assistance, right-to-buy for council tenants, loan consolidation and financial claims for victims of mis-selling. Inflexion also backed the company in the creation of an innovative B2B model offering back-office administrative services to other debt solution providers.