M&A Deal Summary

PRA Group Acquires Aktiv Kapital AS

On July 16, 2014, PRA Group acquired financial services company Aktiv Kapital AS for 880M USD

Acquisition Highlights
  • This is PRA Group’s 1st transaction in the Financial Services sector.
  • This is PRA Group’s largest (disclosed) transaction.
  • This is PRA Group’s 1st transaction in Norway.

M&A Deal Summary
Date 2014-07-16
Target Aktiv Kapital AS
Sector Financial Services
Buyer(s) PRA Group
Deal Type Add-on Acquisition
Deal Value 880M USD

Target

Aktiv Kapital AS

Oslo, Norway
Aktiv Kapital AS is a provider of acquiring and servicing non-performing consumer debt throughout Europe and Canada.

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Buyer(S) 1

Buyer

PRA Group

Norfolk, Virginia, United States
Category Company
Founded 1996
Sector Financial Services
Employees3,119
Revenue 815M USD (2023)
DESCRIPTION

PRA Group is a financial services company. PRA's primary business focuses upon the acquisition, collection, and processing of both unpaid and normal-course accounts receivable originally owed to credit grantors, governments, retailers and others. PRA Group was founded in 1996 and is based in Norfolk, Virginia.

DEAL STATS #
Overall 7 of 10
Sector (Financial Services) 1 of 3
Type (Add-on Acquisition) 6 of 8
Country (Norway) 1 of 1
Year (2014) 2 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-04 PCM s IVA Master Servicing Platform

United Kingdom

PCM's IVA Master Servicing Platform, as well as other operating assets associated with PCM's IVA business. IVAs, or individual voluntary arrangements, are a formal alternative for U.K. consumers to primarily avoid bankruptcy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-27 DTP S.A.

Warsaw, Poland

DTP is a mid-size debt purchaser and debt collector active in the Polish market. The company invests in a range of assets including SME, telecom, utilities and insurance. DTP employs approximately 200 people and has two offices located in Warsaw. DTP is licensed by the Polish regulator (KNF).

Buy zł175M
Mergr

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