View more on these topics

Key Retirement Solutions in takeover talks

Key Retirement Solutions is in takeover talks with private equity firms as part of a review of its funding.

Money Marketing understands that the equity release specialist is likely to enter into exclusive talks with a private equity house in the coming weeks.

KRS is backed by private equity firm Cabot Square, which took a 60 per cent stake in the firm in May 2006. It replaced Anglo Irish Bank which previously held a 51 per cent stake.

KRS group director Dean Mirfin (pictured) says the firm conducts an annual review of its financing.

He says: “There are ongoing conversations about potential financing and refinancing of the things we do. We are currently looking at how Key Retirement Solutions is financed. Cabot Square has had a controlling share for five years. We are looking at whether we will continue with the same structure. No decision has been taken.”


News and expert analysis straight to your inbox

Sign up


    Leave a comment