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Avedon backed Tesch Group acquires large debt portfolio


Düsseldorf, 10 March 2016 - Tesch Inkasso GmbH (‘Tesch’ or ‘Tesch Group’), a leading German debt collection company headquartered in Wiehl, Germany announced the acquisition of ST BusinessManagement GmbH & Co. KG (‘ST BM’) from its founding shareholder. The add-on of ST BM highlights the successful implementation of Avedon Capital Partners’ (‘Avedon’) growth strategy for Tesch, comprising both add-on and portfolio acquisitions. Since Avedon acquired Tesch Group in 2012, the company has completed four acquisitions – resulting in the company more than doubling in size. Read more