King & Spalding advised Palladian Investment Partners on its investment in PayPlan, one of the UK’s leading providers of free-to-consumer debt advice and payment plan solutions.

Palladian’s investment, alongside PayPlan’s management team, is intended to accelerate the rollout of enhanced digital services, delivering greater benefits for both borrowers and lending partners. Completion of the transaction is subject to approval by the Financial Conduct Authority.

The King & Spalding team advising Palladian is led by London partners Marcus Young and James Connor, and also includes Alon Blitz, Costa Burkov and Eve-Christie Vermynck.