Cerberus to Acquire Lendco in Strategic UK Deal

On 13 April 2026 Cerberus Capital Management, L.P. announced that an affiliate had entered into an agreement to acquire Lendco Limited from Cabot Square Capital and minority shareholders, marking a significant strategic step for one of the UK’s fastest-growing specialist lenders. 

Lendco is a rapidly scaling specialist Buy-to-Let and Bridging lender. Established in 2018 as a strategic joint venture between Cabot and SPF Private Clients, Lendco has lent nearly £3 billion since inception and is currently marketing its seventh securitisation under its Atlas funding programme. The Company operates from London with around 60 employees and originates loans through registered intermediaries. 

Cerberus described the acquisition as an opportunity to expand its portfolio of international asset-based finance origination platforms, citing attractive dynamics in the UK specialist lending market. 

LGB & Co. Limited has been pleased to support Lendco’s funding strategy as it has grown. In 2023, LGB established a £20 million medium-term note programme for Lendco —providing an additional, flexible funding channel designed to complement the Company’s broader financing resources. 

Ahead of the Cerberus acquisition, Lendco’s noteholders approved a resolution to permit the change of control. The approval reflected noteholders confidence in the post-transaction ownership and consistency of the company’s business plans.