|
Exponent Private Equity acquisition of leading UK debt purchase specialist Lowell Group
12 June 2008 ---
|
|
Exponent Private Equity has agreed to acquire Lowell Group from Cabot Square Capital Partners, previously the private equity arm of Credit Suisse First Boston, for an enterprise value of c. 240m.
Lowell Group is one of the leading purchasers of UK impaired retail debt portfolios with face value of debt acquired to date totalling c. 3.25bn. It was founded in 2004 through the acquisition by Cabot Square Capital Partners of Premier Seekers, a UK specialist in retail debt tracing BNP Paribas acted as exclusive financial adviser to Exponent Private Equity on the acquisition.
|
|
| Official date : 12/06/2008 | |
|