Experian M&A Activity report shows ThinCats as leading alternative finance debt provider across the UK in first half of 2025  

  • Activity in the first half of 2025 saw an almost 51% decline in the value of transactions, and 16% decrease in deal volume, compared to 2024.

Today, Experian has published its latest MarketIQ report, detailing M&A activity across the UK and Ireland for the first half of 2025. ThinCats has ranked as the top alternative finance provider of debt funding across the UK, for deal volume.

The report reveals that the UK M&A market showed signs of resilience in Q2 2025, with deal volume rising slightly from the previous quarter, however, overall activity in the first half of 2025 saw an almost 51% decline in the value of transactions, and 16% decrease in deal volume, compared to 2024.

Despite a slowdown in debt-funded transactions from 2024, ThinCats retained a strong market presence, reflected in its ranking as leading alternative debt provider in the UK and prominent positions across key regions.

Businesses have weathered high profile challenges from global tariffs to higher employment taxes leading to huge uncertainty and many companies choosing to pause on any investment. Despite these challenges, we are pleased to continue to support UK mid-sized businesses and to be the top alternative finance provider of debt funding.Amany Attia, CEO ThinCats

“While we have seen a recent rate cut by the Bank of England, what is unhelpful is continued speculation about further tax changes that will only lead to more disruption and businesses choosing not to grow. On the positive side, Experian’s report shows that capital is available for businesses that need it. There are companies across the UK that are keen to grow, once they know that the rug won’t be pulled out from under their feet then we should see a pickup in deal activity.”