M&A Deal Summary |
|
|---|---|
| Date | 2014-08-07 |
| Target | Atlantic Credit & Finance |
| Sector | Financial Services |
| Buyer(s) | Encore |
| Deal Type | Add-on Acquisition |
| Deal Value | 126M USD |
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| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Financial Services |
| Employees | 7,350 |
| Revenue | 1.3B USD (2024) |
Encore is a purchaser and manager of charged-off consumer receivable portfolios. Encore is also a provider of bankruptcy services to the finance industry. Encore acquires receivable portfolios at deep discounts from their face values using a proprietary valuation process that is based upon an analysis of the individual consumer attributes of the underlying accounts. Encore was founded in 1999 and is based in San Diego, California.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 8 |
| Sector: Financial Services M&A | 6 of 8 |
| Type: Add-on Acquisition M&A Deals | 4 of 5 |
| State: Virginia M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2014 M&A | 2 of 2 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-01 |
Grove Capital Management
Houston, Texas, United States Grove Capital Management is a specialist fund management firm, focused on investment in consumer receivables. Launched in 2010 to capitalize on growth in debt portfolio sales in the UK, Spain and other markets, |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-28 |
Baycorp Pty
Parramatta, Australia Baycorp (Aust) Pty Ltd. is a large and well-established debt purchasing and debt collection operator across Australia and New Zealand. Baycorp (Aust) Pty Ltd. assets comprise a sizeable purchased debt ledger (PDL) book, a PDL collection platform and agency collection businesses in Australia and New Zealand. |
Buy | - |
