Pulse 'pumped for growth' after management buyout

A finance firm says it is “hungry for business” following a management buyout.

Pulse Finance has been taken over by Toni Dare and Martin Bennison.

The duo say the move will create jobs and strengthen the Basingstoke-based company’s market presence.

The deal marks a return to ownership for founder Toni, who sold the business in 2019 but remained as managing director.  

The agreement – which has seen the business change its name from Pulse Cashflow Finance – was supported by asset manager Arena Investors LP.

Toni said: “We are thrilled to have successfully completed the buyout.

“We are benefiting from a committed partner and have plans to invest in the business, in terms of strengthening both our team and our proposition.

“It is business as usual: we are here, we are open and we are hungry for business.”

Martin Bennison, sales and marketing director, added: “With strong funding lines in place, we intend to enable more businesses than ever before to access the funding they need to make their plans a reality. 

“We have earned a reputation for helping where others can’t, because we treat each deal individually and focus on the quality of the debt as the basis of our funding decisions.”

The business was advised by Cripps’ Noel Ruddy and Dawn Shadwell, and Mark Lucas and Calvin Bond, of Quantuma.

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