Fortress Investment Group has entered a £750 million forward flow agreement with Tabeo, a leading retail finance provider for primary care in the UK, aimed at supporting Tabeo's growth and expanding its customer base.

Information on the Target

Tabeo, the largest provider of retail finance for primary care providers in the UK, has successfully completed a forward flow agreement valued at £750 million with Fortress Investment Group. This strategic debt financing will facilitate Tabeo’s ongoing growth and enable the acquisition of new enterprise customers. Since its inception in 2018, Tabeo has worked with over 20,000 dentists and processed more than 500,000 loan applications, establishing itself as a key player in the primary care financial services market.

With Tabeo's vision of becoming a leading financial platform akin to Shopify or Toast for primary care providers, the company aims to enhance the accessibility of retail finance options for its users. Its offerings encompass a range of services including retail finance, card processing, direct debits, payroll, and professional indemnity insurance, addressing the diverse administrative needs of primary care professionals.

Industry Overview in the UK

The UK healthcare landscape is witnessing a significant transformation, particularly in primary care financing. The patient finance market is projected to grow to over £1,000 million annually by 2