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Press Releases

Nov. 21, 2024

Nelson Mullins Represents QuidMarket in $71M Cross-Border Acquisition

A Nelson Mullins team represented the seller of Stagemount Limited (dba QuidMarket) in its acquisition by Propel Holdings, Inc. (TSX: PRL). The deal was announced on Nov. 15, closing the $71 million acquisition of QuidMarket.  The deal team was led by Atlanta Partner Joel Hughey and included associates Anish Patel and Zach Ratzlaff.   

Launched in 2011, QuidMarket is a leading UK-based digital only consumer lender specializing in providing short-term installment loans to individuals with limited access to traditional financial solutions.

Read the full press release here.