.

New Deal

New Deal

Announced

8 May 2018

CABOT CREDIT MANAGEMENT GROUP LIMITED / ENCORE CAPITAL GROUP INC / JANUS HOLDINGS LUXEMBOURG SARL / JC FLOWERS & CO LLC / Acquisition / Private / £331m

Financials

Transaction Value£189m

Consideration Type-

Capital Owned43%

Capital Bid For57%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

Cabot Credit Management Group

Encore Capital Group

bidder

Encore Capital Group

Jc Flowers & Co

vendor

Jc Flowers & Co

vendor

Janus Holdings Luxembourg

Sources

Tags

consumer debt

debt fund

Debt Funds

United Kingdom

Private

Acquisition

Pending

Friendly

Single Bidder

Private Equity

Synopsis

Acquisition by Encore Capital Group of a majority stake in Cabot Credit Management Group, a UK-based provider of debt management services.

Service Providers (2)

Latham & Watkins

legal advisors

Latham & Watkins

Simpson Thacher & Bartlett

legal advisors

Simpson Thacher & Bartlett

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