Investment Summary

Formica Capital Invests In Collectius

On June 25, 2019, family office Formica Capital invested in financial services company Collectius

Investment Highlights
  • This is Formica Capital’s 1st transaction in the Financial Services sector.
  • This is Formica Capital’s 1st transaction in Singapore.

Investment Summary

Date 2019-06-25
Target Collectius
Sector Financial Services
Investor(s) Formica Capital
Deal Type Growth Capital

Target

Collectius

Singapore , Singapore
Collectius is a trusted restructuring and servicing partner to financial institutions and commercial companies in Asia. Collectius's business is to purchase portfolios of non-performing consumer and SME loans and recover them. Collectius also serves financial institutions to help them resolve overdue accounts. Collectius was founded in 1999 and is based in Singapore.

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Investor(S) 1

DESCRIPTION

Formica is a family investment company with a long-term investment perspective, driving performance under a strong sustainability agenda in both investment selection as well as in its active ownership model. Formica’s investments lie within a range from around SEK 50 Million to SEK 700 Million. Formica Capital was founded in 2018 and is headquartered in Gothenburg, Sweden.


DEAL STATS #
Overall 2 of 11
Sector (Financial Services) 1 of 1
Type (Growth Capital) 1 of 5
Country (Singapore) 1 of 1
Year (2019) 1 of 2
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