M&A Deal Summary

Lowell Acquires Tesch Inkasso

On August 12, 2016, Lowell acquired financial services company Tesch Inkasso from Avedon Capital Partners and Permira

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

M&A Deal Summary

Date 2016-08-12
Target Tesch Inkasso
Sector Financial Services
Buyer(s) Lowell
Sellers(s) Avedon Capital Partners
Permira
Deal Type Add-on Acquisition

Target

Tesch Inkasso

Wiehl, Germany
Tesch Inkasso is a German midcap firm active in the field of debt collection services.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Lowell

Leeds, United Kingdom

Category Company
Founded 1992
Sector Financial Services
Revenue 244M EUR (2014)
DESCRIPTION

Lowell is a credit management services group. The Group’s expertise in the debt recovery segment ranges from the trust management of commercial and credit receivables through to evaluating, taking over and handling personal loans and mortgages. Lowell was founded in 1992 and is based in Leeds, United Kingdom.


DEAL STATS #
Overall 4 of 4
Sector: Financial Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Germany M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-28 Lowell Inkasso Service

Linz, Austria

Lowell Inkasso Service is an international full service provider in receivables and risk management. Lowell Inkasso Service is based in Linz, Austria.

Buy -

Seller(S) 2

DESCRIPTION

Avedon Capital Partners is a private investment firm focused on minority and majority growth investments in the Benelux and Germany. Avedon pursues rapidly growing companies that have reached an inflection point where a growth equity investment can create significant value. The Firm looks to invest €5 to €30 in companies valued up to €150 million. Investment proceeds are generally used to fund key growth initiatives or shareholder liquidity. Avedon Capital Partners was formed in 2011 and is based in Amsterdam.


DEAL STATS #
Overall 10 of 19
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 10
Country: Germany M&A 2 of 4
Year: 2016 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-06 Olympia

Hoofddorp, Netherlands

Olympia is a staffing company providing placement for employment. Olympia is based in Hoofddorp, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-20 WCC Group

Utrecht, Netherlands

WCC Group is a developer of advanced search and match technology. The company's software enables large organizations to make optimal business decisions through better use of available data sources. The data can be exact or inexact, structured or unstructured, private or public, and take any modality. WCC Group was founded in 1996 and is based in Utrecht, Netherlands.

Buy -
SELLER

Permira

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1985
PE ASSETS 80.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Permira is a mega-sized private equity firm that targets large company investments around the world. Permira invests to support acquisitions, leveraged buyouts, take-privates, turnarounds, and growth buyouts. Areas of interest include healthcare, financial services, chemicals, consumer products and services, industrial products and services, technology, media, and telecom. Permira will consider opportunities in Europe, Asia, and North America. Permira was formed in 1985 and has offices in Menlo Park, Frankfurt, Luxembourg, London, Hong Kong, Madrid, Milan, Paris, Stockholm, Tokyo, Guernsey and New York City.


DEAL STATS #
Overall 60 of 97
Sector: Financial Services M&A 2 of 3
Type: Add-on Acquisition M&A Deals 20 of 30
Country: Germany M&A 15 of 17
Year: 2016 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-01 Intelligrated

Mason, Ohio, United States

Intelligrated, Inc. is a provider of automated material handling solutions, services and products. Intelligrated designs, manufactures and installs complete material handling automation solutions for the warehousing, distribution, consumer product manufacturing, postal and parcel markets.

Sell $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-01 Clearwater Analytics

Boise, Idaho, United States

Clearwater Analytics provides web-based, investment portfolio reporting and analytics for institutional investors, investment managers, custody banks, and electronic trading portals. Clearwater’s daily-aggregated and reconciled solutions deliver the highest level of portfolio transparency available on the market today for clients such as Cisco Systems, Oracle Corporation, Starbucks Corporation and Yahoo!. Clearwater Analytics was founded in 2004 and is based in Boise, Idaho.

Buy -