Intrum executes on strategic plan: Completes acquisition of UK servicing platforms from Arrow Global, wins CaixaBank real estate servicing contract in Spain and exits Brazil
Intrum AB successfully completes the acquisition of the Capquest and Mars UK servicing platforms from Arrow Global Group and 50 per cent of Arrow’s UK unsecured consumer back book. The transaction is an important milestone in line with the ambition to become the leading servicer in UK. In addition, Intrum wins a tender for CaixaBank’s real estate services contract in Spain, while in parallel, executes the exit of its operations in Brazil.The acquisition from Arrow Global consists of the two consumer loan servicing platforms, allowing Intrum to gain outsourcing contracts with several tier 1