Fortress Announces £750 million Forward Flow Agreement to Support the Continued Growth of Tabeo, the UK's Largest Provider of Retail Finance for Primary Care Providers [Yahoo! Finance]
SOFTBANK GRP UNSP/ADR (SFTBY)
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Source: Yahoo! Finance
largest provider of retail finance for primary care providers in the UK. The new debt financing with funds managed by affiliates of Fortress Investment Group LLC ("Fortress") will support Tabeo's continued growth and the acquisition of new enterprise customers. Paul Ebert, CEO and Founder of Tabeo, said: "Our vision is to create a Shopify or Toast for primary care providers. Retail finance is an important product for our users. Fortress enables us to extend loans for 400,000+ new specialist cases across dental, hearing, optical and veterinary care." Ola Eriksson, Managing Director, Fortress Investment Group, said: "We are very pleased to provide a capital solution to Tabeo that will help the company support consumers with convenient and affordable access to credit. We are excited to work with Tabeo and see great potential for the continued growth of their integrated platform model." Today, Tabeo works with over 20,000 dentists across the UK. It is a vertical SaaS platform that b
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