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White Oak Global Advisors to acquire LDF Group

White Oak Global Advisors LLC will expand its asset-based lending platform to serve clients in the U.K. and Europe through the acquisition of U.K.-based finance company LDF Group.

LDF completed more than £500 million of financing to small businesses across the U.K. in 2017.

White Oak will have over 22,000 active loans and more than 10,000 direct clients in the U.K. after the acquisition.

The transaction is expected to complete within the next few months.