Thorn Group Overview
- Year Founded
-
1937
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
- Financing Rounds
-
4
- Investments
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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
Website
www.thorn.com.au(Operating Subsidiary)
Corporate Office
- Post Office Box R1780
- Royal Exchange
- Sydney, New South Wales 1225
- Australia
Corporate Office
- Post Office Box R1780
- Royal Exchange
- Sydney, New South Wales 1225
- Australia
Thorn Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Thorn Group Comparisons
Industry
Financing
Details
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 |
Thorn Group Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Thorn Group Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
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 |
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 |
Thorn Group FAQs
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When was Thorn Group founded?
Thorn Group was founded in 1937.
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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.
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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.
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Who are Thorn Group’s competitors?
Universal Equivalent Technology and PEAC Solutions are competitors of Thorn Group.
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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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