It is an operating entity of Shawbrook Group plc which was listed on the London Stock Exchange until it was acquired by a consortium led by BC Partners and Pollen Street Capital in July 2017.

[4] The bank acquired asset based lender Centric Commercial Finance in June 2014 and subsequently rebranded it as Shawbrook Business Credit.

[5] The bank was the subject of an initial public offering in April 2015,[6] raising £90m of cash to support the capital position and future growth.

[7] A consortium led by BC Partners and Pollen Street Capital acquired the business for £868 million in July 2017.

[11] Co-op Bank had reportedly been looking for a buyer since April 2023, with a deadline set for early October 2023.