A free company (sometimes called a great company or grande companie) was a late medieval army of mercenaries acting independently of any government, and thus "free". They regularly made a living by plunder when they were not employed; in France they were the routiers and écorcheurs who operated outside the highly structured law of arms. The term "free company" is most applied to those companies of soldiers which formed after the Peace of Brétigny during the Hundred Years' War and were active mainly in France, but it has been applied to other companies, such as the Catalan Grand Company and companies that operated elsewhere, such as in Italy and the Holy Roman Empire.
The free companies, or companies of adventure, have been cited as a factor as strong as plague or famine in the reduction of Siena from a glorious rival of Florence to a second-rate power during the later fourteenth century; Siena spent 291,379 florins between 1342 and 1399 buying off the free companies. The White Company of John Hawkwood, probably the most famous free company, was active in Italy in the latter half of the fourteenth century.
Mercenary groups first appeared in the 12th century, when they participated in the Anarchy (a conflict of succession between King Stephen and the Empress Matilda between 1137 and 1153). They were integrated into the army of King Henry II of England in 1159. In the 1180s, similar groups were integrated into the armies of the King of France under Philip II of France. These troops of seasoned mercenaries were organized and mobile, a valuable advantage during the battles of the time and were important elements of the armies of King Henry, his son Richard I, and King John. Philip II used them to overcome the Plantagenets.