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New Deal


Announced

IK Investment Partners to acquire Recocash from Verdoso.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
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Share Price Premium-
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Tags

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Natural

France

Acquisition

debt servicing

Financial Data and Systems

Private

Private Equity

Pending

Single Bidder

Synopsis

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IK Investment Partners, a leading Pan-European private equity firm, has entered exclusive discussions to acquire Recocash, a leading player in the French debt servicing market from Verdoso, an investment firm. Financial terms were not disclosed. “Thanks to IK’s long-standing expertise in the corporate services segment, including previous investments in Intrum Justitia, Debitor Inkasso and B2S/Izium, we have quickly recognised Recocash as a leader within its field. Its efficient servicing process, track record of blue-chip client acquisitions and experienced management team makes this a very exciting investment opportunity. We look forward to working closely with management to support the continued growth of the company” Pierre Gallix, IK Investment Partners Partner.

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