Announced

Sovereign Capital - backed, Bristow & Sutor to acquire Credit Style.

Synopsis

Sovereign Capital Partners, portfolio company Bristow & Sutor, the nationwide judicial services and debt recovery group, has acquired Credit Style. Financial terms were not disclosed. Bristow & Sutor group today fully-employs a team of over 450 staff who support the collection of commercial and local authority debt types. The expanded Group will manage c.1.9m cases per annum. The acquisition of Credit Style, broadens Bristow & Sutor’s services into wider debt recovery including in-house legal services and pre-legal collection services; this will enable the Group to provide more customers with an end-to-end service. “This is a tremendous development for Bristow & Sutor. Credit Style is a highly-regarded business which has invested heavily in technology to enhance its service offering, and further diversifies the Group’s service offering. We look forward to continuing to work with Bristow & Sutor’s management team to further grow the business organically and via acquisition.” Jeremy Morgan, Partner, Sovereign Capital Partners.

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