Announced
Synopsis
Intrum, a credit management services company, agreed to acquire the Capquest and Mars platform from Arrow Global Group, a European investor and asset manager in non-performing and non-core assets, for £36.5m. “This transaction fits perfectly into our global investment approach and will accelerate our market position in the UK, which is one of Intrum’s target growth markets together with France and Germany. The acquisition adds key assets including several significant long-term contracts and two strong and renowned consumer loan servicing units to our UK franchise, underlining both our servicing and investment business, while diversifying our commercial footprint in this key market. Also, the acquisition brings us even closer to our clients, enabling us to accelerate the commercial development within the region," Andrés Rubio, Intrum President and CEO.
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