Link Group to acquire Pepper European Servicing from Pepper Group for €200m.

Link Group, which administers financial ownership data, agreed to acquire Pepper European Servicing, which provides end-to-end loan servicing and asset management across residential and commercial segments, from Pepper Group for €200m. "In 2019, we set our strategic vision to become the leading independent servicer in Europe with an expanding global footprint. This transaction accelerates that vision and will see two highquality businesses integrated to create a leading pan-European asset servicer and manager, with significant potential for growth in existing and new markets. This is a very exciting opportunity for BCM, PES, our collective teams and clients. Together with PES, we will provide a best-in-class proposition to clients from our deep talent pool, from our enhanced infrastructure and through a diversified client base," Robbie Hughes, Link Group CEO, Banking & Credit Management.