Tesch Inkasso

Key Facts

Sales at entry: ~€14.0m
Sector: Business Services
HQ: Germany
Homepage: http://www.tesch-gruppe.com/

Deal Facts

Year of investment: 2012
Seller: Founder
Exit year: 2016
Buyer: Lowell Group

Company description

Tesch is a German debt collection business. The company collects overdue receivables from private debtors for predominantly blue-chip clients out of the i) telecommunication, ii) utility, iii) insurance & banking and iv) retail & eCommerce markets.

Growth case

Since our investment the company has tripled in size as result of the combination of significant organic growth, two add-on acquisitions and three off market portfolio purchases. Moreover, together with new management the company has developed scoring and pricing capabilities to further strengthen the Company’s strategic positioning as this is an integral part of the strategy of many of the potential strategic buyers. The company was successfully sold to strategic buyer GFKL, an European leader in credit receivables management.

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