Private Lender Takes Over UK Auction House Bonhams
- Paul Mangione
- Oct 23
- 1 min read
October 24, 2025 - British auction house Bonhams has been taken over by private credit lender Pemberton Asset Management according to corporate filings.
Bonhams, which was founded in 1793 in London, was purchased by private equity firm Epiris in 2018 with a loan provided by Pemberton, the filings show. The debt, around £170 million ($226 million) as of the end of 2023, paid an interest equivalent to the SONIA benchmark plus 9% and was set to mature in 2027, according to the documents.
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