IK Investment Partners to acquire Recocash from Verdoso.

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.