M&A Deal Summary

Encore Acquires Refinancia S.A.

On December 31, 2013, Encore acquired financial services company Refinancia S.A.

Acquisition Highlights
  • This is Encore’s 4th transaction in the Financial Services sector.
  • This is Encore’s 1st transaction in Colombia.

M&A Deal Summary

Date 2013-12-31
Target Refinancia S.A.
Sector Financial Services
Buyer(s) Encore
Deal Type Add-on Acquisition

Target

Refinancia S.A.

Bogota,, Colombia
Refinancia is a provider of credit management services and debt buyer and market share leader in Colombia and Peru.

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Buyer(S) 1

Buyer

Encore

San Diego, California, United States

Category Company
Founded 1999
Sector Financial Services
Employees7,350
Revenue 1.3B USD (2024)
DESCRIPTION
Entrance to Encore Capital Group's corporate headquarters in San Diego, California.
Entrance to Encore Capital Group's corporate headquarters in San Diego, California.

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 4 of 8
Sector: Financial Services M&A 4 of 8
Type: Add-on Acquisition M&A Deals 3 of 5
Country: Colombia M&A 1 of 1
Year: 2013 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-08 Pure360

Brighton, United Kingdom

Pure360 is a progressive email marketing company involved in providing direct digital marketing, improving customer ROI via email and SMS marketing campaigns to customers such as innocent drinks, Seatwave, The FT Group, Rightmove, Zoopla and LA Fitness. Pure360 was established in 2001 and is based in Brighton, United Kingdom.

Sell £11M
FOLLOWING DEAL
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 -