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Collectia Dr Duve Debt Collection
Sebastian S.

Collectia acquires German debt collection company: Dr. Duve Inkasso GmbH

Collectia can today announce that we have completed the acquisition of the German debt collection company Dr. Duve Inkasso GmbH (DDI). DDI provides debt collection services in Germany and focuses on the private sector, including the pharmaceutical industry.

The company was founded in 1990 and is headquartered in Hannover, Germany. DDI is a specialized debt collection company focusing on the pharmaceutical industry with clients such as veterinarians, dentists, physicians, clinicians and other medical professionals. DDI currently employs 21 people and has a current portfolio of over 40,000 cases - worth over EUR 65 million under administration.

Commenting on the acquisition, Mark Piasecki, Partner at Silverfleet Capital said: "Collectia's first acquisition under our ownership is an important step in our value creation plan and further demonstrates that Collectia is a platform for continued buy & build." Rob Knight, also of Silverfleet Capital, added: "DDI is a high quality specialization business that gives Collectia access to attractive new segments and increases Collectia's penetration in one of its key European markets."

Christian la Cour Valentin, CEO of Collectia, adds: "In DDI we have found the perfect partner to expand and diversify our German presence and we are delighted to welcome the company to the Collectia group".

Original press release from Silverfleet Capital

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