The 27-year-old company has more than 120 branches and offers other product lines including foreign exchange.
Ramsdens was included in The Sunday Times Profit Track 100 for the fourth time this year, listed at number 70 following an average profit increase of 53 per cent over the last three years.
NorthEdge director James Hall said, “Ramsdens has a strong position in a niche and exciting part of the financial services market.
“It has doubled its store portfolio over the last three years, which provides the business with a robust platform from which it will continue to grow through its focus on transparency and excellent reputation.
“We join the company at a particularly exciting time. Increasing regulation in the marketplace is opening up new opportunities, while driving standards and practices ever higher, which is good news for Ramsdens.
“We look forward to working alongside the management team to drive the further growth of the business.”
The deal is the eighth transaction completed by NorthEdge Capital from its maiden fund, which closed at £225m in March last year.
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