Thorn Group Overview

  • Year Founded
  • 1937

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 4

  • Investments
  • 4

Thorn Group General Information

Description

Thorn Group Ltd is a diversified financial services organisation. It provides real financing alternatives for Australians Businesses to enable them to grow. The company offers debtor finance and asset finance products under the thornmoney brand.

Contact Information

Formerly Known As
Radio Rentals, RR International
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • Post Office Box R1780
  • Royal Exchange
  • Sydney, New South Wales 1225
  • Australia
+61 1300
Primary Industry
Consumer Finance
Other Industries
Specialized Finance
Other Financial Services
Parent Company
Vertical(s)
TMT
Former Stock Listing
TGA
Corporate Office
  • Post Office Box R1780
  • Royal Exchange
  • Sydney, New South Wales 1225
  • Australia
+61 1300

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Thorn Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Thorn Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Thorn Group Ltd is a diversified financial services organisation. It provides real financing alternatives for Australian
Consumer Finance
Sydney, Australia

Melbourne, Australia
 

Mount Laurel, NJ
 
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Thorn Group Competitors (2)

One of Thorn Group’s 2 competitors is Universal Equivalent Technology, a Private Equity-Backed company based in Melbourne, Australia.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Universal Equivalent Technology Private Equity-Backed Melbourne, Australia
PEAC Solutions Private Equity-Backed Mount Laurel, NJ
You’re viewing 2 of 2 competitors. Get the full list »

Thorn Group Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Thorn Group Investments & Acquisitions (4)

Thorn Group’s most recent deal was a PIPE with MoneyMe for . The deal was made on 22-May-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
MoneyMe 22-May-2023 PIPE Financial Software
Quickapay 03-May-2021 Early Stage VC Financial Software
Cash Resources Australia 01-Dec-2014 Merger/Acquisition Specialized Finance
National Credit Management 23-Mar-2011 Merger/Acquisition Other Financial Services
To view Thorn Group’s complete investments and acquisitions history, request access »

Thorn Group Exits (2)

Thorn Group’s most recent exit was on 03-May-2021 from Quickapay. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Quickapay 03-May-2021 Completed
National Credit Management 23-Mar-2011 Merger/Acquisition Completed
To view Thorn Group’s complete exits history, request access »

Thorn Group FAQs

  • When was Thorn Group founded?

    Thorn Group was founded in 1937.

  • Where is Thorn Group headquartered?

    Thorn Group is headquartered in Sydney, Australia.

  • What industry is Thorn Group in?

    Thorn Group’s primary industry is Consumer Finance.

  • Is Thorn Group a private or public company?

    Thorn Group is a Private company.

  • What is the current valuation of Thorn Group?

    The current valuation of Thorn Group is .

  • What is Thorn Group’s current revenue?

    The current revenue for Thorn Group is .

  • How much funding has Thorn Group raised over time?

    Thorn Group has raised $54.2M.

  • Who are Thorn Group’s investors?

    Forager Australian Shares Fund and Terra Firma Capital Partners have invested in Thorn Group.

  • Who are Thorn Group’s competitors?

    Universal Equivalent Technology and PEAC Solutions are competitors of Thorn Group.

  • When was Thorn Group acquired?

    Thorn Group was acquired on 11-Dec-2023.

  • Who acquired Thorn Group?

    Thorn Group was acquired by Somers.

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