Partner Article

Arrow Global Group’s £78.5m acquisition to create ‘leading player’ in European debt market

Debt purchaser and manager Arrow Global Group has today announced the acquisition of Netherlands-based InVesting for around £78.5m (€100m).

The deal will see Manchester-based Arrow expand its presence in the Netherlands and provide a ‘low-risk entry’ into the Belgian market, taking advantage of InVesting’s local expertise thanks to its five offices spread across the Netherlands and Belgium.

By acquiring the Dutch debt management firm, Arrow hopes to capitalise on the €12bn Benelux debt purchasing market, and will benefit from InVesting’s servicing of almost €3.7bn of credit assets a portfolio value of €663 last year.

Tom Drury, Chief Executive Officer of Arrow Global said: “Today’s acquisition of InVesting creates a leading debt purchase and management business in the Benelux region, consistent with our strategic objective of being a top three player in each of the European markets in which we operate.

“Benelux has a highly attractive debt purchasing market worth over €12 billion and InVesting offers us the ideal platform from which to grow our business here.

“Following completion of the transaction Arrow will operate across five European markets, with circa one third of total ERC coming from its mainland Europe operations and we continue to see significant opportunities for long-term growth and returns across the business.

“I look forward to welcoming all of our new colleagues to the Arrow team and working together to deliver on these exciting plans.”

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