Add-on Acquisition • Financial Services

Axactor Acquires IKAS Nord AS

On March 17, 2016, Axactor acquired financial services company IKAS Nord AS for 291M NOK

Acquisition Context

This is Axactor’s 1st transaction in the Financial Services sector.
This is Axactor’s 0th largest (disclosed) transaction.
This is Axactor’s 1st transaction in Norway.

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M&A Deal Summary
Date	March 17, 2016
Target	IKAS Nord AS
Sector	Financial Services
Buyer(s)	Axactor
Deal Type	Add-on Acquisition
Deal Value	291M NOK

Target Company

IKAS Nord AS

Hamar, Norway

IKAS Nord AS is a debt collection industry. IKAS working on innovation product development and modern payment solutions for selected industries.

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Buyer Overview 1

Buyer

Axactor

Oslo, Sweden

Category	Company
Founded	1983
Sector	Financial Services
Employees	1,293
Revenue	257M NOK (2023)

DESCRIPTION

Axactor is a debt collection/debt purchase company. Axactor pan-European growth strategy, which targets the market for non-performing loans in Europe. Axactor was founded in 1983 and is based in Oslo, Sweden.

Deal Context for Buyer	#
Overall	1 of 4
Sector: Financial Services	1 of 2
Type: Add-on Acquisition	1 of 2
Country: Norway	1 of 1
Year: 2016	1 of 3

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2016-05-12	GESLICO Gestión de Cobros S.A. Madrid, Spain GESLICO Gestión de Cobros S.A. is a provider of debt recovery and related services to credit institutions.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2016-05-12

GESLICO Gestión de Cobros S.A.

Madrid, Spain

GESLICO Gestión de Cobros S.A. is a provider of debt recovery and related services to credit institutions.

Buy

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